165-02 Jamaica Avenue, Queens, NY 11432

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$5,750,000
Active for Sale
 
Listing ID 11381942
Property Type Commercial Building
County Queens
Neighborhood Jamaica
FEMA Flood Map fema.gov/portal
   
Virtual Tour
Introducing 165-02/04 Jamaica Avenue a 15,000 SqFt 3 Floor corner property with 6 ground floor retail stores + another two vacant floors of office space on top. 5/6 stores are occupied (Boston Market being the vacant unit) and the owner is negotiating a lease now to take over their space. 6FAR allows for 26,488 Buildable SqFt (11,488 available on top). The top floors can be fully renovated for office space while you maintain cash flow from current retail tenancy below - PRO FORMA on full occupancy (6/6 stores + the office space upstairs) is 12/13%. Leases & Access available for qualified buyers.
Property Details
  • 15000 SF
  • Available 11/26/2024
Community Details
  • Low-rise (Bldg. Style)
Listed By
Oxford Property Group
Office: 516-650-8549
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