For Sale
160-16 Jamaica Avenue & 161-02 Jamaica Avenue
Jamaica, Queens
Requests for Offers
Two adjoining buildings offer four and ten stories of first floor retail and multi-level mixed use space totaling a combined 77,458 square feet, which includes 33,302 square feet of unused FAR.
Located adjacent to Chase bank and on a block anchored by Duane Reade drug store and another major development site, the buildings sit on a strip that is part of the highly trafficked area in Downtown Jamaica. One block northeast is the Jamaica Center transit hub, one of the many transit hubs responsible for bringing 260,000+ visitors per day and 86,000+ pedestrians per day to the area.
This epicenter of urban and hip hop fashion and culture attracts tourist from across the country, and caters to the 640,000 residents, whose average household income of $62,500 is 23% higher than the rest of New York. Prominent retailers in the immediate vicinity include Old Navy, Marshalls, Nine West, Gap, Dr. Jay's, and The Children's Place. The area also includes fast-food chains McDonald's and Wendy's and sit down eateries including Applebee's and the recently opened CityRib.
Both buildings delivered vacant, presenting a tremendous mixed-use redevelopment opportunity.
Broker: Stevie Harber, Haber Realty Group
917-687-6662
Stevie@haberrealty.com
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