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Portfolio For Sale 2 Properties Offered at $5,000,000 in Jamaica, NY
Investment Highlights
- Zoning: C4-5X Commercial Contextual Zoning
- Walking distance to LIRR and MTA Jamaica Center–Parsons/Archer subway station
- Permitted Uses: Commercial, residential, and community facility development
- Directly across from the JFK AirTrain terminal
- Minutes from major highways: Van Wyck Expressway (I-678), Long Island Expressway (I-495), and Queens Blvd
Executive Summary
This two-property portfolio presents a rare investment opportunity in the heart of Jamaica, Queens. Located just steps from the LIRR and major transit lines, the combined offering includes two adjacent commercial buildings totaling approximately 5,885 square feet. Zoned C6-2A, DJ and Its Residential District Equivalent is R8A. Base residential FAR is 6.02. Maximum residential FAR is 7.2 (w/MIH), estimated residential ZFA is ±42,372 SF, estimated unit count is ±50-55 units. Downtown Jamaica continues to emerge as one of New York City’s most significant transit-oriented growth corridors. Extensive public and private investment has accelerated residential demand, institutional growth, and commercial revitalization throughout the district.
Property Facts
| Price | $5,000,000 | Number of Properties | 2 |
| Price / SF | $819.67 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 6,100 SF |
| Sale Type | Investment | Total Land Area | 0.14 AC |
| Status | Active |
| Price | $5,000,000 |
| Price / SF | $819.67 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,100 SF |
| Total Land Area | 0.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 143-02 94th Ave, Jamaica, NY 11435 | Industrial | 3,000 SF | 1995 | - |
| 143-09 95th Ave, Jamaica, NY 11435 | Retail | 3,100 SF | 1920 | - |
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