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166-02 Jamaica Ave 43,200 sq ft Vacant Office Property Jamaica, NY 11432 £8,143,850 (£188.52/sq ft)
INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Delivered Vacant
- Potential for National Tenants
- Prime Retail Corner on Jamaica Avenue
EXECUTIVE SUMMARY
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 166-02 Jamaica Avenue in the Jamaica neighborhood of Queens (the “Property”). The 7,217 SF lot is improved by a 6-story 43,200 SF commercial building. The Property sits on the corner of Jamaica Avenue and Merrick Boulevard and boasts 80’ of frontage on Jamaica Avenue along with 93’ of frontage on Merrick Boulevard.
The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the 169th Street subway station serviced by the E & F trains.
The surrounding area is densely populated and features a mix of residential, commercial, and retail businesses. This makes it an ideal location for a variety of businesses, including restaurants, cafes, clothing stores, and convenience stores. The Property is also located in close proximity to York College (CUNY) and St. John’s University, which provides a large pool of potential customers for businesses.
All inquiries should be directed to Cushman & Wakefield.
The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the 169th Street subway station serviced by the E & F trains.
The surrounding area is densely populated and features a mix of residential, commercial, and retail businesses. This makes it an ideal location for a variety of businesses, including restaurants, cafes, clothing stores, and convenience stores. The Property is also located in close proximity to York College (CUNY) and St. John’s University, which provides a large pool of potential customers for businesses.
All inquiries should be directed to Cushman & Wakefield.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Conditions
Property Type
Office
Property Subtype
Property Size
43,200 sq ft
Costar Property Class
B
Year Built
1934
Price
£8,143,850
Price per sq ft
£188.52
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
7,200 sq ft
Plot ratio
5.83
Total Plot Size
0.17 ac
Opportunity Zone
Yes
Use Class
C6-2, DJ - C6-2, DJ zoning allows for residential, commercial, or facility uses.
Residential FAR: 6
Commercial FAR: 6
Facility FAR: 6.5
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
Space features basement availability
Space features basement availability
Space features basement availability
Space features basement availability
Space features basement availability
Space features basement availability
| Space | Size | Space Use | Condition | Available |
| Ground | 6,950 sq ft | Retail | Full Fit-Out | Now |
| 2nd Floor | 7,500 sq ft | Office | Partial Fit-Out | Now |
| 3rd Floor | 7,500 sq ft | Office | Partial Fit-Out | Now |
| 4th Floor | 7,500 sq ft | Office | Partial Fit-Out | Now |
| 5th Floor | 7,500 sq ft | Office | Partial Fit-Out | Now |
| 6th Floor | 7,500 sq ft | Office | Partial Fit-Out | Now |
Ground
| Size |
| 6,950 sq ft |
| Space Use |
| Retail |
| Condition |
| Full Fit-Out |
| Available |
| Now |
2nd Floor
| Size |
| 7,500 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
3rd Floor
| Size |
| 7,500 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
4th Floor
| Size |
| 7,500 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
5th Floor
| Size |
| 7,500 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
6th Floor
| Size |
| 7,500 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
Ground
| Size | 6,950 sq ft |
| Space Use | Retail |
| Condition | Full Fit-Out |
| Available | Now |
Space features basement availability
2nd Floor
| Size | 7,500 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
Space features basement availability
3rd Floor
| Size | 7,500 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
Space features basement availability
4th Floor
| Size | 7,500 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
Space features basement availability
5th Floor
| Size | 7,500 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
Space features basement availability
6th Floor
| Size | 7,500 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
Space features basement availability
1 1
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 10156-0001 | Total Assessment | £1,778,528 (2025) |
| Land Assessment | £336,489 (2025) | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £1,442,039 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10156-0001
Land Assessment
£336,489 (2025)
Improvements Assessment
£1,442,039 (2025)
Total Assessment
£1,778,528 (2025)
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2024
CONTACTS
-
Dylan Walsh -
Jon Squires -
Josh Neustadter -
Nick Kolbus -
Andrew Berry -
Austin Weiner -
Kieran Baker -
Cushman & Wakefield
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166-02 Jamaica Ave
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