Multifamily Ground Lease
For Sale
Contact for pricing
147-17 Liberty Avenue, Jamaica, NY 11435
For sale offering a 99-year ground lease structure tied to a multifamily property in Jamaica, NY.
Property SizeContact for details
Days on Market147
Property Features for 147-17 Liberty Avenue
General Information
Standard status
Active
Property subtype
Multifamily, Mixed Use
Zoning
R8X, C2-4, DJ
Investment Type
Redevelopment
Listing Agency:
Matthews
Listed By:
DJ Johnston · License #10401229409
(914) 584-7422
Source:
Crexi
Added: Jun 11
Changed: Nov 2
Last Checked: Nov 3 at 3:13AM
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 Matthews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering presents a 99-year ground lease opportunity connected to a multifamily apartment property. The transaction is structured as a ground lease interest, intended for a buyer seeking long-duration leasehold exposure rather than a traditional fee simple purchase. Details beyond the ground lease term are not provided in the available information.
The property is located at 147-17 Liberty Avenue in Jamaica, New York (11435). As presented, the asset is positioned for investors evaluating multifamily-focused ground lease platforms within the Jamaica area.
For prospective buyers, this can be a fit when the goal is to acquire a long-term leasehold position associated with residential income real estate. Buyers and their advisors should review the lease documentation to confirm the rights, responsibilities, and timing associated with the 99-year term, as well as any conditions that may impact the economics and control of the ground lease interest. Because no unit count, building condition, or operating details are included here, diligence should focus on underwriting and legal terms specific to the ground lease.
The property is located at 147-17 Liberty Avenue in Jamaica, New York (11435). As presented, the asset is positioned for investors evaluating multifamily-focused ground lease platforms within the Jamaica area.
For prospective buyers, this can be a fit when the goal is to acquire a long-term leasehold position associated with residential income real estate. Buyers and their advisors should review the lease documentation to confirm the rights, responsibilities, and timing associated with the 99-year term, as well as any conditions that may impact the economics and control of the ground lease interest. Because no unit count, building condition, or operating details are included here, diligence should focus on underwriting and legal terms specific to the ground lease.
Key Highlights
- For sale: 99‑year ground lease structure
- Ground lease is tied to a multifamily property in Jamaica, NY
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,397
Businesses Nearby
Explore this area
Business Placement
Demographics for 11435, NY
58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - For sale offering a 99-year ground lease structure tied to a multifamily property in Jamaica, NY.
Where is this apartment building located?
The property is located at 147-17 Liberty Avenue Jamaica, NY.
What are key features of this property?
This property features: For sale: 99‑year ground lease structure; Ground lease is tied to a multifamily property in Jamaica, NY
