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Retail Space with Finished Basement
For Lease
$4,500/Mo

177-08 Jamaica #1 Fl +Basement, Jamaica, NY 11432

Removable partition walls, a side entrance, and separately leasable levels offer flexibility in how the space is configured.

Space Size700 SF - 1,500 SF
Property Size1,650 SF
Days on Market54

Property Features for 177-08 Jamaica #1 Fl +Basement

General Information

Standard status Active
Size 700 SF - 1,500 SF
Net Rentable 700 SF

Additional Details

Available Space 700-1,500 SF
Corner Location Yes

Taxes and HOA fees

Annual Taxes $19,048

Amenities

side entrance
removable partition walls
bus stop

Building Details

Building Size 1,650 SF
Listing Agency: Royalux Realty LLC
Listed By: Xiao Jian Huang CBR
Source: Clairedleone
Added: Sep 1 Changed: Oct 23 Last Checked: Oct 23 at 5:43PM

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 Royalux Realty LLC

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Investment Insights

Based on property information with market context.

This retail space includes approximately 800 square feet on the ground floor and a finished basement of approximately 700 square feet. Removable partition walls allow the interior to be arranged as an open layout, and a side entrance provides another point of access. The ground floor and basement may also be leased separately. Potential uses noted for the space include deli, salon, barber, training, and medical office operations.

The storefront is on Jamaica Avenue, with the Q110 bus stopping directly in front and the E and F subway lines described as minutes away. The bus runs every 8 minutes during peak hours.

Key Highlights

  • Approximately 800 square feet on the ground floor and 700 square feet in the finished basement
  • Ground‑floor space and basement may be leased separately
  • Removable partition walls allow an open interior layout

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$4.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,161
Businesses Nearby

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

Lease Benchmarks for Jamaica, NY

$46.7 /SF/Yr
Avg Asking Price
$29.33–$73.5 /SF/Yr
Price Range
4,539 SF
Avg Space Size

This space is priced 30% below the average of $46.7 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Removable partition walls, a side entrance, and separately leasable levels offer flexibility in how the space is configured.
Where is this retail space located?
The property is located at 177-08 Jamaica #1 Fl +Basement Jamaica, NY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approximately 800 square feet on the ground floor and 700 square feet in the finished basement; Ground‑floor space and basement may be leased separately; Removable partition walls allow an open interior layout
More about this property
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