162-11 Jamaica Ave, Jamaica, NY 11432
55,000 SF | 85% Leased | Retail Building | Jamaica, NY 11432 | For Sale
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
- Property Type
-
Retail
- Square Feet
- 55,000 SF
Listing Contacts
Barry Fishbach
Verified Profile
Isaac Shabot
Verified Profile
Justin Liniado
Verified Profile
- Property Info
Property Overview
162-11/17 Jamaica Avenue is located in the new “Jamaica Neighborhood Plan”, a new rezoning that would create more housing and jobs across 300 blocks in Downtown Jamiaca. There has also been an influx of residential development in the area with about 10,000 additional units to be added to the neighborhood by 2026.With 50 feet of frontage, 162-11/17 Jamaica Avenue has been renovated and the space is all leased on the ground floor except for a few booths. Building Improvements includes new facade, windows, elevator and loading can be from 162nd Street driveway leading to the rear of building. Blocks from the Jamaica Long Island Railroad Station and the Jamaica Center - Parsons/Archer subway station which services over 12M riders annually.
Property Details
- Class
- C
- Year Built/Renovated
- 1930/2023
- Stories
- 4
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 13,939 SF
Highlights
- High foot traffic area
- Fantastic retail shopping corridor in the heart of Jamaica Avenue
- Taxes are $480,000 annually (contesting)
Nearby Properties
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