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Mixed-Use Building Development Site

106-07 Guy R Brewer Boulevard Jamaica, NY 11433

106-07 Guy R Brewer Boulevard, Jamaica, NY, 11433
$859,999
For Sale
Claim this Listing
$859,999

MULTI_FAMILY - Other - Jamaica, NY

Property Size3,300 SF
Lot Size0.05 Acres
Price / SF$260.61
AddedMay 19
Days on Market57
Last RefreshJul 14 at 7:06 pm

Property Features for 106-07 Guy R Brewer Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Basement
Full
Standard status
Active
APN
10161-0069
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3769

Utilities

Sewer type
Public Sewer

Building Details

Year built
1931
Number of units
3
Building materials
Brick
Architectural style
Other

Listing agent Moniruzzaman R. Majumder CBR

Listing office Exit Realty Prime 18910 Hillside Ave Ste E, Jamaica, NY

Listing date May 19, 2026

MLS# 1002025 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is a development site featuring an existing 3-story, 3,300-square-foot mixed-use structure on a 20-by-100 lot. The building is described as requiring complete renovation, and the offering includes an approved plan for a 7-family plus storefront mixed-use building.

The site is located on Guy R Brewer Boulevard in Jamaica, Queens, with zoning listed as R7A and C1-4. It is positioned next to York College and is about two blocks from Jamaica Center Train Station, placing it close to area community amenities.

For tenants, buyers, and developers seeking a mixed-use redevelopment, the key value here is that the property comes with an approved plan outlining both residential and storefront components. The existing structure can be brought up to support the redevelopment direction reflected in the approvals, making this an option for operators willing to manage a full renovation scope.

Key Highlights

  • Approved plans for a 7‑family plus storefront mixed‑use building included.
  • Excellent development opportunity with R7A, C1‑4 zoning and 8000 sqft buildable area.
  • Prime location on Guy R Brewer Blvd in Jamaica, Queens.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $99.0k $30.00
− Vacancy −$14.9k −$4.50
EGI $84.2k $25.50
− OpEx −$25.2k −$7.65
NOI $58.9k $17.85
3,300 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%

Alternative Uses

Best Use
Apartment 5plus
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,667 @ 7.0% cap · market cap 9.38%
Second Best
Retail
$841.5K
$736.3K – $981.8K (±1% cap)
NOI $58,905 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,296 @ 7.0% cap · market cap 19.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store Dental Office Law Firm Kitchen & Bath Showroom HVAC Service Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Zoned for mixed-use redevelopment with an approved plan for seven residences plus storefront space.
Where is this apartment building located?
The property is located at 106-07 Guy R Brewer Boulevard Jamaica, NY.
What is the asking price?
The asking price for this property is $859,999.
What are key features of this property?
This property features: Approved plans for a **7‑family plus storefront mixed‑use building included.**; **Excellent development opportunity** with R7A, C1‑4 zoning and 8000 sqft buildable area.; Prime location on Guy R Brewer Blvd in Jamaica, Queens.
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