Jamaica, New York Commercial Real Estate 13 Listings

Jamaica, New York: A Premier Destination for Commercial Real Estate

Introduction

Jamaica, New York, stands out as a vibrant hub for commercial real estate (CRE), with its strategic location in the borough of Queens. Known for its diverse economy that includes key industry clusters such as logistics, retail, and healthcare, Jamaica offers unique opportunities for CRE investors. Its proximity to major transportation infrastructure further enhances its appeal as a prime location for businesses seeking office, industrial, and retail spaces.

Economic and Industry Overview

Jamaica's economy is supported by a robust mix of industries. The logistics and transportation sectors are particularly prominent, driven by the presence of John F. Kennedy International Airport and major thoroughfares. Retail is another significant industry, bolstered by a dense urban population and the presence of major shopping corridors. Healthcare also plays a crucial role, with several prominent hospitals and medical centers in the vicinity.

The Queens Economic Development Corporation actively supports growth in these industries through various initiatives, aiming to attract more businesses and drive demand for diverse commercial property types.

Strategic Location and Transportation Infrastructure

Jamaica's strategic location offers unparalleled access to major transportation networks: - Airports: Home to John F. Kennedy International Airport, one of the busiest airports in the United States. - Highways: Well-connected via major highways like the Van Wyck Expressway (I-678) and the Long Island Expressway (I-495). - Rail Lines: Served by the Long Island Rail Road (LIRR), providing swift access to Manhattan and beyond. - Public Transit: Extensive New York City Subway service, including the E, J, and Z lines.

These logistical advantages make Jamaica an ideal location for distribution centers and businesses requiring efficient access to labor pools and coastal markets.

Commercial Real Estate Inventory & Zoning

Jamaica boasts diverse CRE submarkets, including: - Central Business District (CBD): A bustling area with a mix of office and retail spaces. - Industrial Corridors: Ideal for logistics and warehousing, benefiting from close proximity to JFK Airport. - Innovation Districts: Emerging areas fostering tech and creative industries.

Recent zoning changes have encouraged mixed-use developments, offering incentives for developers. For detailed zoning maps, visit the NYC Department of City Planning.

Major Employers and Institutions

Jamaica hosts several major employers and institutions that drive CRE demand: - Airlines and Logistics Companies: Leveraging proximity to JFK Airport. - York College: A part of the City University of New York system, contributing to the local economy. - Jamaica Hospital Medical Center: A key healthcare provider in the area.

For more information on local employers and business opportunities, consult the Queens Chamber of Commerce.

Notable Commercial Developments & Projects

Significant developments in Jamaica include: - The Crossing at Jamaica Station: A major mixed-use project offering residential, retail, and office spaces. - Opportunity Zones: Designated areas encouraging investment through tax incentives.

For detailed information on planning and development, visit the NYC Planning Department.

Building Permits, Planning, and Development Tools

Investors and developers can access valuable resources through the following: - NYC Department of Buildings for building permits and codes. - NYC Planning Commission for development tools and guidelines. - NYC GIS for parcel maps and zoning information.

Market Data & Economic Reports

Jamaica's economic landscape is supported by rich data sources: - U.S. Census Bureau for demographic and economic data. - NYC Open Data Portal for city-specific datasets.

Brevitas offers AI-powered aggregation from public data and internal insights, providing users with comprehensive market intelligence. Explore Brevitas-powered dashboards for Jamaica, New York to gain deeper insights.

Why Use Brevitas for Jamaica, New York CRE?

Brevitas offers cutting-edge tools for CRE professionals in Jamaica, New York: - AI-driven CRE Discovery: Uncover opportunities with real-time market alerts. - Smart Property Pages: Enhance listings with auto-generated content and multimedia tools. - Dealroom Collaboration: Streamline transactions with integrated broker and developer tools.

Brevitas provides exclusive listings and premium exposure, ensuring your properties reach the right audience. For more information, explore our Jamaica, New York CRE listings.