Roosevelt Terrace

Roosevelt Terrace is a Co-op located 35-51 85th Street, in Jackson Heights, Jackson Heights. The building was first built in 1953 and is 71 years old. The lot that the building was built on is 575 feet wide and 200 feet long. The official lot area is listed as 115,000 square feet. The building itself is 182 feet wide and 115 feet long. In total, 35-51 85th Street has a total floor area of 306,990 square feet. Of that, 306,990 square feet are used for residential purposes. There are a total of 348 units. Of those, 348 are residential units. 35-51 85th Street has a total of 9 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 321 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 192 days and tend to sell below the original asking price of $316,000 by 7.26%. Meaning, listings tend to sell at a median of $435 price per square foot. The transaction that took the longest to complete was unit 8N, listed on Feb 08, 2021 for $189,000. This particular unit ultimately sold 367 days later for $180,000. The most recent transaction was for unit 8M, which was first advertised on Oct 19, 2023, sold for $330,000 on Jan 30, 2024. Fun fact, the oldest transaction we have on record took place on Jan 06, 1969. See the full transaction history for Roosevelt Terrace below.

Jackson Heights, where 35-51 85th Street is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $316,000. For interested buyers, that means the building's median asking price is around 0.10% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $339,000. It is a 1-bedroom and 1-bathroom unit.