Why Jackson Heights?

Jackson Heights, Queens is a neighborhood that presents a range of opportunities for commercial real estate investors looking to capitalize on the area's growing popularity and diversity. With its mix of cultures, wide range of amenities, and convenient access to transportation, Jackson Heights has much to offer building owners looking to invest in commercial real estate in New York City.

One of the key factors driving the growth of Jackson Heights' commercial real estate market is its affordability, which presents a range of value-add opportunities for commercial real estate investors. The neighborhood offers a wide range of commercial spaces at more affordable price points compared to other neighborhoods in Queens, making it an attractive destination for small businesses, entrepreneurs, and startup companies. Additionally, the mix of retail spaces, restaurants, and other commercial properties cater to the needs of local residents and visitors. For investors, this presents an opportunity to capitalize on the rental upside through value-add opportunities, such as repositioning or renovating underperforming assets to attract tenants and increase rental rates. 

Despite its affordability, Jackson Heights also offers a range of luxury commercial real estate options. In recent years, a number of new developments have been built in the area, offering modern amenities and high-end commercial spaces to those looking for a more luxurious experience. These developments have helped to create a more dynamic commercial real estate market in Jackson Heights, with options for businesses of all sizes and types.

Jackson Heights also offers a range of amenities that make it an attractive place to invest in commercial real estate. The neighborhood is home to several cultural institutions and event spaces, which draw visitors from across the city and help to create a vibrant and active commercial real estate market. In addition, Jackson Heights offers easy access to public transportation, with several subway lines and bus routes running through the area, making it easy for employees and customers to get around the city.

At Invictus Property Advisors, we specialize in investment sales and offer tailored solutions to our clients based on their unique needs. Our team of experienced brokers closely monitors the market and provides our clients with in-depth analysis and insights to help them make informed investment decisions. If you are a building owner looking to invest in commercial real estate in Jackson Heights, Queens, don't hesitate to contact us. Our team can help you navigate the market and find the right investment opportunity to meet your needs.

Jackson Heights, located in the northwestern portion of Queens, is a diverse and dynamic neighborhood that offers a range of investment opportunities for those looking to capitalize on the area's growth and development. Known for its rich cultural heritage, thriving food scene, and convenient access to transportation, Jackson Heights has seen a surge in real estate development in recent years, with a number of new projects taking shape.

Here are some of the notable real estate developments currently underway in Jackson Heights:

1. The Jackson: This newly-constructed mixed-use development, located at 71-01 35th Avenue, features over 70,000 square feet of commercial and community space spread across two floors, as well as 71 residential units. The development includes a range of high-end amenities, such as a fitness center and a rooftop terrace. With its prime location near the 74th Street-Roosevelt Avenue transit hub and mix of modern, flexible commercial space, The Jackson presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.

2. Roosevelt Parc: This newly-constructed mixed-use development, located at 62-27 30th Avenue, features over 100 residential units spread across six floors, as well as commercial and community space. The development includes a range of high-end amenities, such as a fitness center and outdoor space. With its prime location near the 74th Street-Roosevelt Avenue transit hub and mix of modern, flexible commercial space, Roosevelt Parc presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.

3. The Junction: This newly-constructed mixed-use development, located at 37-11 35th Avenue, features over 40,000 square feet of commercial and community space spread across two floors, as well as 71 residential units. The development includes a range of high-end amenities, such as a fitness center and a rooftop terrace. With its prime location near the 74th Street-Roosevelt Avenue transit hub and mix of modern, flexible commercial space, The Junction presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.

4. 83-30 37th Avenue: This newly-renovated office building, located at 83-30 37th Avenue, features over 13,000 square feet of modern, flexible office space spread across four floors. With its prime location near the 82nd Street-Jackson Heights transit hub and mix of modern, flexible office space, 83-30 37th Avenue presents an attractive investment opportunity for those looking to capitalize on the growing demand for commercial real estate in the area.

5. The Opus: This newly-constructed mixed-use development, located at 74-09 37th Avenue, features over 90 residential units spread across eight floors, as well as commercial and community space. The development includes a range of high-end amenities, such as a fitness center and outdoor space. With its prime location near the 74th Street-Roosevelt Avenue transit hub and mix of modern, flexible commercial space, The Opus presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.
   
   

These real estate developments are driving significant demand for commercial and residential space in Jackson Heights, and as a result, the submarket is poised for continued growth and development in the coming years. Whether you're an investor looking to capitalize on the area's rising property values or a landlord ready to take advantage of historically high exit values, Jackson Heights offers a wealth of opportunities for both buyers and sellers. At Invictus Property Advisors, we specialize in investment sales and offer tailored solutions to our clients based on their unique needs. Our team of experienced brokers closely monitors the market and provides our clients with in-depth analysis and insights to help them make informed investment decisions. If you are interested in learning more about investment opportunities in Jackson Heights or have any questions about the submarket, please don't hesitate to contact us.