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    Two-Story Vacant Retail Building Title is generated by Realmo AI

    92-22 Guy R Brewer Boulevard, Jamaica, NY 11433

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    Newly renovated two-story retail building with ground, second-floor space and full basement, fully vacant for flexible use.

    Type:Retail
    Property size:
    7,267 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $344/SF
    Added:
    Jun 5, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 17 at 2:40 am

    Property Features for 92-22 Guy R Brewer Boulevard

    General Information

    Standard status
    Active
    Size
    7,267 SF
    Lot size
    0.07 Acres
    Property subtype
    Retail

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    Listing Contact
    Donal Flaherty

    Listing agent Donal Flaherty License #NY

    Listing office IPRG Investment Property Realty Group

    Listing date Jun 5, 2026

    Source Crexi

    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 IPRG Investment Property Realty Group

    HighLights

    • Vacant, newly renovated two‑story retail building in Jamaica, Queens, with ground floor, second‑floor, and a full basement
    • 3,112 SF site on a 26 ft x 119 ft lot in an R9 zoning district; 7.2 FAR for approximately 24,896 buildable SF
    • Building includes approx. 3,300 SF ground floor and approx. 2,500 SF second floor, plus full basement
    • Fully vacant delivery supports flexible use for investors, owner‑users, or development planning
    • Within walking distance to the Jamaica LIRR Station with direct access to Manhattan in approximately 20 minutes, plus nearby subway lines and major transit hubs

    Overview

    92-22 Guy R. Brewer Boulevard presents a vacant, newly renovated two-story retail building. The property sits on a 26 ft by 119 ft lot totaling 3,112 square feet, and is located within an R9 zoning district with a 7.2 FAR, for approximately 24,896 buildable square feet. The existing building includes approximately 3,300 square feet on the ground floor and approximately 2,500 square feet on the second floor, plus a full basement. The building will be delivered fully vacant.

    Situated in Jamaica, Queens, the property is described as being within walking distance to the Jamaica LIRR Station, providing direct access to Manhattan in approximately 20 minutes. The remarks also note access to multiple subway lines and major transportation hubs, supporting connectivity for retail users and visitors.

    This configuration can serve an investor looking for a turnkey vacancy, an owner-user intending to occupy retail space across two levels, or a buyer evaluating redevelopment under the site’s R9 zoning and stated FAR. With a full basement and separate ground and second-floor areas, the asset may also support a variety of layout approaches for tenants seeking street-level and upper-level merchandising or service space.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $218.0k $30.00
    − Vacancy −$32.7k −$4.50
    EGI $185.3k $25.50
    − OpEx −$55.6k −$7.65
    NOI $129.7k $17.85
    7,267 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,716 @ 7.0% cap · market cap 5.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.36M
    $4.69M – $6.25M (±1% cap)
    NOI $375,012 @ 7.0% cap · market cap 15.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    RaMed Studios Recording Studio

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.796584
    Latitude
    40.703482

    FAQs

    What type of property is this?
    Retail space - Newly renovated two-story retail building with ground, second-floor space and full basement, fully vacant for flexible use.
    Where is this retail space located?
    The property is located at 92-22 Guy R Brewer Boulevard Jamaica, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Vacant, newly renovated two‑story retail building in Jamaica, Queens, with ground floor, second‑floor, and a full basement; 3,112 SF site on a 26 ft x 119 ft lot in an R9 zoning district; 7.2 FAR for approximately 24,896 buildable SF; Building includes approx. 3,300 SF ground floor and approx. 2,500 SF second floor, plus full basement
    More about this property
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