Two-Story Retail
9222-9226 Guy R Brewer Blvd Jamaica, NY 11432
For Sale
Contact for pricing
Vacant, newly renovated two-story retail building with ground and second-floor space plus a full basement.
Property Size7,267 SF
Lot Size0.07 Acres
Price / SF$344.02
Days on Market8
Property Features for 9222-9226 Guy R Brewer Blvd
General Information
Standard status
Active
Size
7,267 SF
Lot size
0.07 Acres
Property subtype
RETAIL
Listing Agency:
Investment Property Realty Group (IPRG)
(718) 360-8823
Listed By:
Jared Friedman
(718) 550-0087
Source:
Moodyscre
Added: Jul 22
Changed: Jul 28
Last Checked: Jul 28 at 11:42AM
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 Investment Property Realty Group (IPRG)
Investment Insights
Based on property information with market context.
Investment Property Realty Group (IPRG) is exclusively retained to offer 92-22 Guy R. Brewer Blvd, a vacant, newly renovated two-story retail building in Jamaica, Queens.
The property is situated on a 26 ft x 119 ft lot and is located in an R9 zoning district. The site offers a 7.2 FAR and approximately 24,896 buildable square feet. The existing building includes approximately 3,300 square feet on the ground floor, 2,500 square feet on the second floor, and a full basement.
The building will be delivered fully vacant. The property is positioned within walking distance to the Jamaica LIRR Station, with direct access to Manhattan in approximately 20 minutes, and it also provides access to multiple subway lines and major transportation hubs.
The property is situated on a 26 ft x 119 ft lot and is located in an R9 zoning district. The site offers a 7.2 FAR and approximately 24,896 buildable square feet. The existing building includes approximately 3,300 square feet on the ground floor, 2,500 square feet on the second floor, and a full basement.
The building will be delivered fully vacant. The property is positioned within walking distance to the Jamaica LIRR Station, with direct access to Manhattan in approximately 20 minutes, and it also provides access to multiple subway lines and major transportation hubs.
Key Highlights
- Vacant, newly renovated two‑story retail building delivered fully vacant (ground floor plus second floor) with a full basement
- 3,112 SF lot (26 ft x 119 ft) in an R9 zoning district with 7.2 FAR offering approximately 24,896 buildable SF
- Existing building includes ~3,300 SF ground floor and ~2,500 SF second floor, plus full basement
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
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
NOI $375,012 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Vacant, newly renovated two-story retail building with ground and second-floor space plus a full basement.
Where is this retail space located?
The property is located at 9222-9226 Guy R Brewer Blvd 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 delivered fully vacant (ground floor plus second floor) with a full basement; 3,112 SF lot (26 ft x 119 ft) in an R9 zoning district with 7.2 FAR offering approximately 24,896 buildable SF; Existing building includes ~3,300 SF ground floor and ~2,500 SF second floor, plus full basement
