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165-02-165-04 Jamaica Ave
Jamaica, NY 11432

$5,750,000 USD

Freestanding For Sale  •  15,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,000 SF
  • Lot Size 0.1 AC
  • Building Class B
  • Year Built 1917
  • Cap Rate 8.63 %
  • Tenancy Multiple
  • Zoning C6-2
100 Transit Score
98 Walk Score

Highlights

Development Site
Two full floors of vacant office space upstairs potential for 15% Cap Rate
Leases / tenants in place for current cash flow while you develop upstairs
Cap Rate: 8.63 %

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 4 min 17 min 0.9 mi
Hollis Station (Hempstead Branch - Long Island Rail Road) 7 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Jamaica Center-Parsons/Archer (E - New York MTA Subway (The Subway), J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
169 Street (F - New York MTA Subway (The Subway)) 3 min 11 min 0.5 mi
Parsons Boulevard (F - New York MTA Subway (The Subway)) 3 min 13 min 0.6 mi
Sutphin Boulevard-Archer Avenue-JFK Airport (E - New York MTA Subway (The Subway), J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 4 min 16 min 0.8 mi
Jamaica-179 Street (F - New York MTA Subway (The Subway)) 5 min 19 min 1.0 mi
AirportDriveWalkDistance
John F. Kennedy International 14 min - 6.3 mi
La Guardia 16 min - 8.0 mi
Newark Liberty International 45 min - 27.1 mi
Nate Smith 212-300-6412 Oxford Property Group
Nate Smith 212-300-6412 Oxford Property Group