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Core Jamaica Redevelopment Opportunity 13919 Archer Ave 18,315 SF Industrial Building Jamaica, NY 11435 $15,995,000 ($873.33/SF)
Investment Highlights
- Central Jamaica development opportunity at highly visible ~17,500 corner lot at Archer Avenue and 143rd Street.
- Positioned in Jamaica’s established retail core, surrounded by a dense mix of national retailers, neighborhood shops, including Chase Bank, Chipotle,
- Recently rezoned under the new Jamaica Neighborhood Plan (MIH Option 1), plus a $50M commitment from NYS.
- Ideal site layout for a mixed-use development, ensuring dual-street access, surrounding essentials, and nearby recreational options.
Executive Summary
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 139-19 Archer Avenue in Jamaica, Queens.
139-19 Archer Avenue is a corner development site located at the corner of Archer Avenue and 143rd Street, offering approximately 158,165 buildable SF and 275 feet of linear frontage. A great advantage in Downtown Jamaica, the property dimensions allow for an efficient and flexible building configuration, well-suited for a variety of mixed-use or residential development projects. The property’s large-scale potential, combined with its corner layout and prominent positioning, offers abundant light and air and minimal obstruction. This configuration enhances flexibility in massing, access, and design.
Located within Jamaica’s established commercial and transit core, the property is surrounded by a dense concentration of national retailers, neighborhood-serving shops, and essential services along Archer Avenue, Jamaica Avenue, Sutphin Boulevard, and 165th Street, as well as Jamaica Center located within a short subway ride via Sutphin Boulevard.
For additional information, please contact the Exclusive Brokers directly.
139-19 Archer Avenue is a corner development site located at the corner of Archer Avenue and 143rd Street, offering approximately 158,165 buildable SF and 275 feet of linear frontage. A great advantage in Downtown Jamaica, the property dimensions allow for an efficient and flexible building configuration, well-suited for a variety of mixed-use or residential development projects. The property’s large-scale potential, combined with its corner layout and prominent positioning, offers abundant light and air and minimal obstruction. This configuration enhances flexibility in massing, access, and design.
Located within Jamaica’s established commercial and transit core, the property is surrounded by a dense concentration of national retailers, neighborhood-serving shops, and essential services along Archer Avenue, Jamaica Avenue, Sutphin Boulevard, and 165th Street, as well as Jamaica Center located within a short subway ride via Sutphin Boulevard.
For additional information, please contact the Exclusive Brokers directly.
Property Facts
| Price | $15,995,000 | Rentable Building Area | 18,315 SF |
| Price Per SF | $873.33 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1968 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.16/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.40 AC | ||
| Zoning | C6-3 (R9), DJ - Recently rezoned under the new Jamaica Neighborhood Plan (MIH Option 1) | ||
| Price | $15,995,000 |
| Price Per SF | $873.33 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.40 AC |
| Rentable Building Area | 18,315 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Tenancy | Single |
| Parking Ratio | 0.16/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C6-3 (R9), DJ - Recently rezoned under the new Jamaica Neighborhood Plan (MIH Option 1) |
Amenities
- Bus Line
- Metro/Subway
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 09982-0017 | Improvements Assessment | $104,580 |
| Land Assessment | $78,840 | Total Assessment | $183,420 |
Property Taxes
Parcel Number
09982-0017
Land Assessment
$78,840
Improvements Assessment
$104,580
Total Assessment
$183,420
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Core Jamaica Redevelopment Opportunity | 13919 Archer Ave
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