92-22 Guy R Brewer Boulevard, Jamaica, NY 11433
Newly renovated two-story retail building with ground, second-floor space and full basement, fully vacant for flexible use.
- 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
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.796584
- Latitude
- 40.703482