163-05 Archer Ave Jamaica, NY 11433
- Retail properties
- 12,350 SF
Current Use by Public Records
- Retail properties
Property Details for 163-05 Archer Ave
- Property size
- 12,350 SF
- Property type
- Retail properties
Description
This exceptional retail opportunity is located at 163-05 Archer Avenue in Jamaica, Queens County, New York, zip code 11433. The property offers a total of 12,350 square feet of vacant space, currently available for lease in multiple units. Individual spaces range from a minimum of 3,550 square feet to a maximum contiguous space of 4,800 square feet, providing flexibility for various business needs. The building is situated within a dynamic mixed-use development, boasting 25 stories and encompassing 542,000 square feet. This prime location benefits from its proximity to the Jamaica Terminal, a major transportation hub serving over 250,000 daily commuters via subway, bus, commuter rail, and the AirTrain to JFK International Airport. The property also enjoys a highly visible position directly across from the bustling York College campus. Construction of the building began in April 2021, with the ground-floor retail space anticipated to be ready for occupancy in the third quarter of 2023. This presents a unique chance to establish a business in a high-traffic area with excellent accessibility and strong demographic appeal. The property is classified as commercial retail with multiple tenancy options.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.7942
- Latitude
- 40.7037