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    162-24 Jamaica Ave Jamaica, NY 11432

    For Lease
    Contact for pricing

    Prime Queens location, 5,000 sq ft available.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 162-24 Jamaica Avenue in Jamaica, Queens County, New York, presents a unique opportunity for businesses seeking versatile space. The property is classified as both retail and office, offering a total of 5,000 square feet currently available for lease. The building's subtype is listed as Traditional Office and Strip Center, suggesting a layout suitable for a variety of uses. The space is ideal for multiple tenants, providing flexibility for businesses of different sizes. The entire 5,000 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. Situated in the vibrant Jamaica neighborhood, with a zip code of 11432, this property benefits from excellent visibility and accessibility. The property's location in Queens County, New York, offers easy access to major transportation routes and a diverse customer base. This is a rare opportunity to secure a substantial and adaptable space in a thriving commercial area. The property's size and layout make it suitable for a range of businesses, from small startups to established enterprises. Interested parties are encouraged to inquire further to explore the possibilities this prime location offers.

    Property Features for 162-24 Jamaica Ave

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,000 SF
    Space
    Suite 2nd Floor
    Size
    6,200 SF

    HighLights

    • 5,000 SF retail and office space available for lease at 162‑24 Jamaica Avenue, Jamaica, NY 11432.
    • Divisible space to accommodate multiple tenants.
    • High pedestrian traffic.
    • Excellent location near major national retailers on Jamaica Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.7970689
    Latitude
    40.7044211

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    FAQs

    What type of property is this?
    Strip mall - Prime Queens location, 5,000 sq ft available.
    Where is this strip mall located?
    The property is located at 162-24 Jamaica Ave Jamaica, NY.
    What are key features of this property?
    This property features: 5,000 SF retail and office space available for lease at 162-24 Jamaica Avenue, Jamaica, NY 11432.; Divisible space to accommodate multiple tenants.; High pedestrian traffic.
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    Jamaica, NY 11432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162-24 Jamaica Ave Jamaica, NY 11432
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