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280 Ft of Wraparound Frontage on Jamaica Ave 121-02 Jamaica Ave 17,293 SF 100% Leased Retail Building Richmond Hill, NY 11418 $8,500,000 ($491.53/SF)
INVESTMENT HIGHLIGHTS
- 156' x 125' Corner Lot Built Full. 17,293 Sq. Ft. Retail Building Delivered 2/3rd Vacant.
- ~280 Ft. Of Wraparound Frontage on Jamaica Avenue & 121st Street.
- Located in a Qualified Opportunity Zone (QOZ).
- Zoned R6A, C2-4, M1-1. ~67,442 Buildable Sq. Ft.
- Facing the Jamaica Ave / 121st Street J/Z Subway Stop.
- Can be purchased with existing auto repair business.
EXECUTIVE SUMMARY
Business & Property For Sale
Development opportunity located in the Jamaica neighborhood of Queens.
Property consists of 67,442 buildable square feet.
Property is in a Qualified Opportunity Zone (QOZ) & Fresh Zone.
Property is steps away from 121st Street [J], [Z] Train Station.
Development opportunity located in the Jamaica neighborhood of Queens.
Property consists of 67,442 buildable square feet.
Property is in a Qualified Opportunity Zone (QOZ) & Fresh Zone.
Property is steps away from 121st Street [J], [Z] Train Station.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
17,293 SF
Building Class
C
Year Built
1931
Price
$8,500,000
Price Per SF
$491.53
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.90
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
R6A, C2-4, M1-1 - 156' x 125' Lot Zoned R6A, C2-4, M1-1. ~67,442 Buildable Sq. Ft. with city of yes.
Parking is waved
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09331-0001 | Improvements Assessment | $621,270 |
| Land Assessment | $300,600 | Total Assessment | $921,870 |
PROPERTY TAXES
Parcel Number
09331-0001
Land Assessment
$300,600
Improvements Assessment
$621,270
Total Assessment
$921,870
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280 Ft of Wraparound Frontage on Jamaica Ave | 121-02 Jamaica Ave
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