Retail
7112 35th Ave
Active · Queens, NY 11372
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About this home
Turnkey grocery/deli opportunity in the heart of Jackson Heights. This well-established neighborhood market posted $499,538 in gross sales for 2025 at a 49% gross margin, generating approximately $98,000 in seller's discretionary earnings. Fresh $150,000 buildout — come in and operate from day one with zero renovation needed. The standout value is the lease: a 9-year term running through September 2033 plus a 5-year renewal option, securing up to 14 years of occupancy in one of Queens' densest, highest traffic retail corridors. Street-level visibility in a neighborhood where grocery demand never sleeps. Large full finished basement with office, bathroom, and tons of space storage also available meaningful upside for an inventory-heavy operation. Offered at $250,000 plus inventory at cost — just 2.5x earnings for a cash-flowing business with decade-plus lease security. A rare chance for an owner-operator or investor to acquire a proven Jackson Heights market with long runway and real upside. Proof of funds and confidentiality agreement required prior to disclosure.
Listing snapshot
- Days on site
- 10 days
- Listed on MLS
- Oct 18, 2026
- Tax year
- 2026
- Listing brokerage
- Keller Williams Realty Elite
- MLS ID
- KEY1064035
- Last updated
- Oct 18, 2026
General features
- Property type
- Retail
Interior features
- Basement
- Finished, Full, Storage Space, Walk-Out Access
- Flooring
- Vinyl
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
