Corner Retail
For Sale
Contact for pricing
161-21 Jamaica Ave, Jamaica, NY 11432
Two-story retail space with an existing Healthfirst lease, vacant areas, restaurant infrastructure, and direct transit access nearby.
Property Size18,300 SF
Days on Market143
Property Features for 161-21 Jamaica Ave
General Information
Standard status
Active
Size
18,300 SF
Property subtype
Retail
Additional Details
Floor
Ground,2
Corner Location
Yes
Amenities
elevator
escalator
Building Details
Stories
2
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-5229
Listed By:
Scott Plasky · License #NY 40PL1176852
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:54AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This two-story retail condominium contains 18,300 SF, including 6,800 SF on the ground floor, 6,500 SF on the second floor, and a 5,000 SF lower level. A 4,000 SF corner unit is occupied by Healthfirst under a 10-year lease extending through February 2030, with 2.5% annual increases and two five-year renewal options. The remaining 2,800 SF on the ground floor and the full second floor are scheduled for delivery vacant at closing.
The former bar and restaurant areas retain restaurant equipment and existing ventilation. An elevator and escalator connect the retail floors. Positioned at Jamaica Avenue and 162nd Street in Downtown Jamaica, the property is one block from Jamaica Center Station, served by the E, Z, and J subway lines, and the LIRR Jamaica Station. Nearby retailers include Target, H&M, Burlington Coat Factory, Chipotle, Old Navy, Shake Shack, and Primark.
The former bar and restaurant areas retain restaurant equipment and existing ventilation. An elevator and escalator connect the retail floors. Positioned at Jamaica Avenue and 162nd Street in Downtown Jamaica, the property is one block from Jamaica Center Station, served by the E, Z, and J subway lines, and the LIRR Jamaica Station. Nearby retailers include Target, H&M, Burlington Coat Factory, Chipotle, Old Navy, Shake Shack, and Primark.
Key Highlights
- 18,300 SF two‑story retail condominium with a 5,000 SF lower level
- 4,000 SF Healthfirst lease runs through February 2030 with 2.5% annual increases
- 2,800 SF ground‑floor area and 6,500 SF second floor delivered vacant at closing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,983
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 75%
Shops & Services 14%
Dining 11%
C-Town Supermarkets
Groceries
19,248 visits/mo
0.1 miles
Western Beef
Groceries
15,102 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,867 visits/mo
0.3 miles
Domino's Pizza
Dining
2,852 visits/mo
0.2 miles
Little Caesars Pizza
Dining
2,186 visits/mo
0.1 miles
Demographics for 11432, NY
65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
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 - Two-story retail space with an existing Healthfirst lease, vacant areas, restaurant infrastructure, and direct transit access nearby.
Where is this retail space located?
The property is located at 161-21 Jamaica Ave Jamaica, NY.
What are key features of this property?
This property features: 18,300 SF two‑story retail condominium with a 5,000 SF lower level; 4,000 SF Healthfirst lease runs through February 2030 with 2.5% annual increases; 2,800 SF ground‑floor area and 6,500 SF second floor delivered vacant at closing
