Leased Multi-Unit Retail
For Sale
Contact for pricing
119-40 Metropolitan Avenue, Jamaica, NY 11415
Fully leased lower-level retail condominium features twelve units plus nine above-grade parking spaces and recent boiler upgrades.
Property SizeContact for details
Days on Market133
Property Features for 119-40 Metropolitan Avenue
General Information
Standard status
Active
Total Parking Spaces
9
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
RIPCO Real Estate New York
(516) 647-7155
Listed By:
Kevin Schmitz · License #NY 10401284640
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 6:15PM
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 RIPCO Real Estate New York
Investment Insights
Based on property information with market context.
119-40 Metropolitan Avenue is a fully-leased lower-level community facility condominium configured as twelve separate commercial units. The property also includes nine fully occupied above-grade parking spaces.
Recent improvements include a new boiler, and more than $500,000 invested in unit 101, the largest unit within the condominium. The building is located on a main thoroughfare in Kew Gardens and is convenient to the Kew Gardens LIRR station and multiple subway lines, along with numerous bus lines.
This structure provides a multi-unit retail condominium setup with dedicated parking available onsite, supported by existing occupancy across the units and parking spaces.
Recent improvements include a new boiler, and more than $500,000 invested in unit 101, the largest unit within the condominium. The building is located on a main thoroughfare in Kew Gardens and is convenient to the Kew Gardens LIRR station and multiple subway lines, along with numerous bus lines.
This structure provides a multi-unit retail condominium setup with dedicated parking available onsite, supported by existing occupancy across the units and parking spaces.
Key Highlights
- Fully leased lower‑level community facility condominium with 12 separate commercial units
- Includes nine fully occupied above‑grade parking spaces
- Recent improvements include a new boiler
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,109
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 32%
Dining 21%
7-Eleven
Shops & Services
10,010 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,158 visits/mo
0.0 miles
C-Town Supermarkets
Groceries
5,003 visits/mo
0.4 miles
Vitelio's Marketplace
Groceries
4,504 visits/mo
0.1 miles
Chase Bank
Shops & Services
3,821 visits/mo
0.4 miles
Demographics for 11415, NY
20,241
Population
9,794
Households
2.1
Avg Household Size
41
Median Age
53%
College-Educated
89%
High-School Grad
0.6 sq mi
ZIP Area
33,735
Density / Sq Mi
$88,632
Median Household Income
$60,950
Median Earnings
$1,909
Median Rent
$367,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased lower-level retail condominium features twelve units plus nine above-grade parking spaces and recent boiler upgrades.
Where is this retail space located?
The property is located at 119-40 Metropolitan Avenue Jamaica, NY.
What are key features of this property?
This property features: Fully leased lower‑level community facility condominium with 12 separate commercial units; Includes nine fully occupied above‑grade parking spaces; Recent improvements include a new boiler
