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Multi-Story Shopping Center
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89-02 165th Street, Jamaica, NY 11432

Full-block retail property with wraparound street frontage and access to multiple subway, rail, airport, and bus connections.

Space Size122,554 SF
Lot Size1.15 Acres
Days on Market21

Property Features for 89-02 165th Street

General Information

Standard status Active
Size 122,554 SF
Lot size 1.15 Acres
Property subtype Retail

Additional Details

Space Use Retail
Traffic Count 54,105 vehicles/day

Building Details

Building Size 122,554 SF
Year Built 1947
Tenancy Single

Spaces For Lease

at 89-02 165th Street Contact us

Whole Building

Size
122,554 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: RIPCO Real Estate New York
Listed By: Kevin Schmitz · License #NY 10401284640
Source: Crexi
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 29 at 11:20AM

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.

The shopping center is a two-and-a-half-story commercial building containing approximately 122,500 SF on a ~50,000 SF lot. Developed in 1947, the property occupies a full block with wraparound frontage along 164th and 165th Streets, between 89th Avenue and Jamaica Avenue. Its scale supports consideration of large-format retail, adaptive reuse, or redevelopment, subject to applicable approvals.

The property is positioned near the E, F, J, and Z subway lines, Jamaica LIRR, JFK AirTrain, and Jamaica Bus Terminal. Recorded AADT is 54,105. National retailers in the surrounding area include Target, Aldi, Raising Cane's, and Starbucks. The site is also near York College, JFK International Airport, and Jamaica Center.

Current zoning permits nearly 300,000 buildable SF, while the proposed Jamaica Neighborhood Plan could provide approximately ±360,000 buildable SF. Potential development categories identified for the site include residential, commercial, and community facility uses.

Key Highlights

  • Approximately 122,500 SF commercial building on a ~50,000 SF lot
  • Two‑and‑a‑half‑story building developed in 1947
  • Wraparound frontage along 164th and 165th Streets

Property Analytics

Current Use

Benny's Jewelry, LTD. (Bike/Boat/Book/etc) Store nikfinestore.com (Bike/Boat/Book/etc) Store NYGadgetFix Computer & Electronic Repair Marchello The Jeweler (Bike/Boat/Book/etc) Store Magic Soul Food ... Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Bar & Pub Gym & Fitness Center Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

54,105 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,406
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Mobil Shops & Services
17,927 visits/mo 0.2 miles
7-Eleven Shops & Services
17,914 visits/mo 0.1 miles
Dunkin' Donuts Dining
13,807 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
11,315 visits/mo 0.2 miles
Burger King Dining
8,525 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Union Mall LLC 16216 Union Tpke STE 6, Fresh Meadows, NY 11366
  • Electchester Shopping Center 70-63 Parsons Blvd, Queens, NY 11365

Frequently Asked Questions

What type of property is this?
Shopping center - Full-block retail property with wraparound street frontage and access to multiple subway, rail, airport, and bus connections.
Where is this shopping center located?
The property is located at 89-02 165th Street Jamaica, NY.
What are key features of this property?
This property features: Approximately 122,500 SF commercial building on a ~50,000 SF lot; Two‑and‑a‑half‑story building developed in 1947; Wraparound frontage along 164th and 165th Streets
(516) 647-7155 Call to check price and availability
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