Prime Jamaica Corner - Upper Floors Available For Sale
$17,500,000
162-21 Jamaica Avenue, Jamaica, NY 11432
48,000 sqft
Building Size
Details:
Highlights:
- 48,000 SF corner commercial asset in Downtown Jamaica.
- 91’ Jamaica Avenue frontage plus 210’ along 163rd Street.
- Wraparound window exposure on three sides.
- 136,884 SF of zoning floor area.
- Surrounded by major national retailers and strong pedestrian activity.
- Immediate access to the J and Z subway lines.
Description:
KSR has been exclusively retained to arrange the sale of 162-21 Jamaica Avenue, Jamaica, NY 11432, a prominent 48,000 SF multi-unit commercial property situated on an approximately 18,300 SF lot at the corner of Jamaica Avenue and 163rd Street. The property benefits from substantial corner exposure, approximately 91 feet of frontage on Jamaica Avenue and 210 feet along 163rd Street, and strong visibility along one of Queens’ busiest commercial corridors.
Offered at $17,500,000, the property is zoned C6-3 / R9 equivalent and C4-4D / R8A equivalent, with an existing FAR of 4.33 and approximately 136,884 SF of zoning floor area. Steps from the J and Z subway lines and surrounded by national retailers including Target, Primark, Marshalls, ALDI, Chipotle, Foot Locker, T-Mobile, and Verizon, the asset presents a compelling opportunity to acquire a large-scale corner property in the heart of Downtown Jamaica.
Documents:
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Location
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