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150-05 Liberty Ave
Jamaica, NY 11433
Retail Property For Sale
Executive Summary
150-05 Liberty Avenue represents a premier, high-density development play or immediate value-add commercial position located directly within one of Southeast Queens' most explosive transit corridors. Boasting rare and highly coveted M1-3 / R7X Mixed Use (MX) paired zoning, this site successfully breaks free from rigid single-use urban constraints. It grants developers and institutional sponsors the as-of-right authority to deliver a master-planned, mid-rise urban community blending high-density market-rate/affordable multi-family residential housing with ground-floor commercial, light industrial, or community facility assets.
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| Baseline Property Footprint | Approx. 5,650 Square Feet of Land Dirt |
+-----------------------------------+---------------------------------------------------+
| Underlying Zoning Pair | M1-3 / R7X (Special Mixed Use District) |
+-----------------------------------+---------------------------------------------------+
| Base Max Residential FAR | 5.0 FAR (~28,250 BSF As-Of-Right) |
+-----------------------------------+---------------------------------------------------+
| Max Residential FAR (With MIH) | 6.0 FAR (~33,900 BSF Enhanced Development Track) |
+-----------------------------------+---------------------------------------------------+
| Commercial / Facility FAR | 5.0 to 6.5 FAR Envelope (Flexible Product Mix) |
+-----------------------------------+---------------------------------------------------+
| Primary Construction Advantages | High density, flexible use, zero industrial |
| | displacement penalty for residential components |
+-----------------------------------+---------------------------------------------------+
The Liberty/150th High-Density Node (Lots 63, 157, 155)
Combined Land Footprint: 18,750 SF (5,650 + 5,700 + 7,400)
Underwriting Track: Combining the R7X MIH Track (6.0 FAR on Lot 63) with the M1-4 Community Facility track (6.5 FAR on Lots 157 & 155) to exploit maximum possible envelope.
Blended Maximum Envelope: 119,050 Combined BSF (33,900 + 37,050 + 48,100)
Price Upon Request
-----------------------------------+---------------------------------------------------+
| Baseline Property Footprint | Approx. 5,650 Square Feet of Land Dirt |
+-----------------------------------+---------------------------------------------------+
| Underlying Zoning Pair | M1-3 / R7X (Special Mixed Use District) |
+-----------------------------------+---------------------------------------------------+
| Base Max Residential FAR | 5.0 FAR (~28,250 BSF As-Of-Right) |
+-----------------------------------+---------------------------------------------------+
| Max Residential FAR (With MIH) | 6.0 FAR (~33,900 BSF Enhanced Development Track) |
+-----------------------------------+---------------------------------------------------+
| Commercial / Facility FAR | 5.0 to 6.5 FAR Envelope (Flexible Product Mix) |
+-----------------------------------+---------------------------------------------------+
| Primary Construction Advantages | High density, flexible use, zero industrial |
| | displacement penalty for residential components |
+-----------------------------------+---------------------------------------------------+
The Liberty/150th High-Density Node (Lots 63, 157, 155)
Combined Land Footprint: 18,750 SF (5,650 + 5,700 + 7,400)
Underwriting Track: Combining the R7X MIH Track (6.0 FAR on Lot 63) with the M1-4 Community Facility track (6.5 FAR on Lots 157 & 155) to exploit maximum possible envelope.
Blended Maximum Envelope: 119,050 Combined BSF (33,900 + 37,050 + 48,100)
Price Upon Request
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,650 SF
Building Class
B
Year Built
1960
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.68
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
M1-4 - light manufacturing district.
Frontage
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 10107-0063 | Improvements Assessment | $362,970 |
| Land Assessment | $33,300 | Total Assessment | $396,270 |
Property Taxes
Parcel Number
10107-0063
Land Assessment
$33,300
Improvements Assessment
$362,970
Total Assessment
$396,270
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