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Two-Story Retail Building
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9222-9226 Guy R Brewer Blvd, Jamaica, NY 11432

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 Market99

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
Zoning R9

Building Details

Stories 2
Listing Agency: Investment Property Realty Group (IPRG)
Listed By: Donal Flaherty
Source: Moodyscre
Added: Jul 22 Changed: Oct 25 Last Checked: Oct 26 at 6:58PM

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)

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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.

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

Estimated NOI and Cap Rate

NOI / Yr
$129,716
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,594,320 $2.6M
Cap Rate 7%
$1,853,086 $1.9M
Cap Rate 9%
$1,441,289 $1.4M
Market Conditions
NOI Build-Up for 7,267 SF
Gross rent
$218.0K $30.00/SF
− Vacancy
−$32.7K −$4.50/SF
EGI
$185.3K $25.50/SF
− OpEx
−$55.6K −$7.65/SF
NOI
$129.7K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,594,320
Cap Rate 7%
$1,853,086
Cap Rate 9%
$1,441,289

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 authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Dental Office

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

Location Intelligence

Trade Area within ½ mile

5,902
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

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 - 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
(718) 360-8823 Call to check price and availability
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