Single-Story Retail
118-27 Guy R Brewer Boulevard Jamaica, NY 11434
118-27 Guy R Brewer Boulevard, Jamaica, NY, 11434
$975,000
For Sale
$975,000
Single-story storefront building with no basement, totaling 1,140 sq ft on an 1,860 sq ft lot.
Property Size1,140 SF
Lot Size0.04 Acres
Price / SF$855.26
Days on Market228
Property Features for 118-27 Guy R Brewer Boulevard
General Information
- Standard status
- Active
- Size
- 1,140 SF
- Lot size
- 0.04 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1931
Listing agency
LAFFEY REAL ESTATE
(718) 790-7277
Listed by
Gurdeep Singh CBR
(718) 790-7277
Source
Cohenandcohenrealty
Added: Dec 6, 2025 Updated: Jul 22 at 6:12PM Checked: Jul 22 at 6:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAFFEY REAL ESTATE
Investment Insights
Based on property information with market context.
Available for sale is a single-story retail storefront building with no basement at 118-27 Guy R Brewer Boulevard in South Jamaica, Queens. The property contains 1,140 sq ft of commercial space and is situated on a 1,860 sq ft lot.
Positioned on a main corridor, the storefront benefits from high visibility and both foot and vehicle traffic, with easy access to public transportation. The surrounding area includes neighborhood amenities and services.
This property is offered as a turnkey retail storefront opportunity, with intended uses including convenience retail or professional use, subject to zoning regulations.
Positioned on a main corridor, the storefront benefits from high visibility and both foot and vehicle traffic, with easy access to public transportation. The surrounding area includes neighborhood amenities and services.
This property is offered as a turnkey retail storefront opportunity, with intended uses including convenience retail or professional use, subject to zoning regulations.
Key Highlights
- 1,140 sq ft single‑story retail storefront building with no basement
- Built in 1931
- Sits on a 1,860 sq ft lot
Local Financial Insights For Specialty 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 | $75.2k | $66.00 |
| − Vacancy | −$4.9k | −$4.29 |
| EGI | $70.3k | $61.71 |
| − OpEx | −$17.6k | −$15.43 |
| NOI | $52.8k | $46.28 |
1,140 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$753.7K
$659.5K – $879.4K
NOI $52,762 @ 7.0% cap · market cap 5.41%
Second Best
Retail
$290.7K
$254.4K – $339.2K
NOI $20,349 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$840.4K
$735.4K – $980.5K
NOI $58,829 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- ideal food basket — 109-3 guy r brewer blvd, queens, ny 11433
- Meat Town Supermarket — 106-57 160th St, Jamaica, NY 11433
- Met Food market — 94-8 Sutphin Blvd, Queens, NY 11435
- Deshi Bazar & Halal Meat Inc — 106-15 Sutphin Blvd, Queens, NY 11435
- Edrington LLC — 10110 van wyck expy # 851, south richmond hill, ny 11419
FAQs
What type of property is this?
Grocery and convenience store - Single-story storefront building with no basement, totaling 1,140 sq ft on an 1,860 sq ft lot.
Where is this grocery and convenience store located?
The property is located at 118-27 Guy R Brewer Boulevard Jamaica, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1,140 sq ft single‑story retail storefront building with no basement; Built in 1931; Sits on a 1,860 sq ft lot
