166-02 Jamaica Ave - Loft/Creative Space FOR SALE


Jamaica, NY 11432
$11,000,000 USD
718-307-6517
166-02 Jamaica Ave, Jamaica, NY for Sale
$11,000,000 USD
Loft/Creative Space - FOR SALE
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166-02 Jamaica Ave
Jamaica, NY 11432


HIGHLIGHTS

  • Heavy Foot Traffic
  • Potential for National Tenants
  • Delivered Vacant
  • Prime Retail Corner on Jamaica Avenue

OVERVIEW

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 166-02 Jamaica Avenue in the Jamaica neighborhood of Queens (the “Property”). The 7,217 SF lot is improved by a 6-story 43,200 SF commercial building. The Property sits on the corner of Jamaica Avenue and Merrick Boulevard and boasts 80’ of frontage on Jamaica Avenue along with 93’ of frontage on Merrick Boulevard. The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the 169th Street subway station serviced by the E & F trains. The surrounding area is densely populated and features a mix of residential, commercial, and retail businesses. This makes it an ideal location for a variety of businesses, including restaurants, cafes, clothing stores, and convenience stores. The Property is also located in close proximity to York College (CUNY) and St. John’s University, which provides a large pool of potential customers for businesses. All inquiries should be directed to Cushman & Wakefield.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Department Store

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C6-2, DJ

APN/PARCEL ID

10156-0001

ASK ABOUT THIS PROPERTY

Dylan WalshCushman & WakefieldMore Info
718-307-6517

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Dylan WalshCushman & WakefieldMore Info
718-307-6517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.