For Sale
Jamaica, NY
Commercial Real Estate Market Trends & Data
$805 per SF
Avg asking sale price
$47 per SF
Avg asking lease rate
10,359 SF
Avg unit lease size
13,058 SF
Avg building size for sale
6.75%
Average cap rate
Jamaica's Demographic Profile
Jamaica has 213,532 households and a median income of $79,322, providing context for rent absorption and tenant demand across retail and multifamily assets. A -8% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 682,095 |
| # Households | 213,532 |
| Median age | 42 |
| Median household income | $79,322 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 106,710 |
| 5-year population change | -8% |
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↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Jamaica | $539 | 9,541 SF | 9.64% |
| Ozone Park | $476 | 3,775 SF | 5.82% |
| Woodhaven | $569 | 5,875 SF | 5.52% |
| Glendale | $582 | 15,101 SF | 9.39% |
| Ridgewood | $477 | 21,904 SF | 9.39% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Jamaica | $633 | 20,549 SF | 6.45% |
| Ozone Park | $383 | 7,794 SF | 6.00% |
| Woodhaven | $348 | 6,950 SF | 6.00% |
| Glendale | $566 | 20,970 SF | 6.45% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Jamaica | $659 | 9,703 SF |
| Ozone Park | $453 | 6,894 SF |
| Woodhaven | $481 | 7,757 SF |
| Glendale | $692 | 4,262 SF |
| Ridgewood | $594 | 5,897 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Jamaica | $500 | 10,513 SF | 11.62% |
| Glendale | $878 | 11,438 SF | 14.28% |
| Ridgewood | $544 | 26,204 SF | 14.28% |
| Queens | $673 | 11,185 SF | 14.28% |
| Richmond Hill | $810 | 6,419 SF | 5.85% |
Commercial Properties For Sale in Jamaica
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Jamaica pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Jamaica | $805 | 13,058 SF |
| Ozone Park | $443 | 6,813 SF |
| Woodhaven | $442 | 9,489 SF |
| Glendale | $721 | 13,534 SF |
| Ridgewood | $644 | 21,276 SF |
Multifamily Properties For Sale in Jamaica
For Sale
For Sale
For Sale
For Sale
Regional Demographic Comparison
This comparison places Jamaica alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Jamaica or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Jamaica | 682,095 | 213,532 | 42 | $79,322 | 3 | 106,710 | -8% |
| Ozone Park | 46,609 | 13,494 | 39 | $78,690 | 3 | 7,524 | -12% |
| Woodhaven | 34,169 | 10,021 | 41 | $77,677 | 3 | 5,310 | -11% |
| Glendale | 27,880 | 9,818 | 41 | $83,345 | 3 | 5,551 | -11% |
| Ridgewood | 56,238 | 20,233 | 37 | $73,742 | 3 | 16,605 | -9% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Jamaica, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Jamaica
View All Commercial Real Estate For Sale in Jamaica
Is Jamaica a good market for a first-time commercial real estate investor?
Jamaica offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Jamaica?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Jamaica. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Jamaica?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Jamaica. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Jamaica compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Jamaica. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Jamaica acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Jamaica, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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