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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

166-24 Jamaica Ave Queens, NY 11432

1,300 SF
Property ID
Property summary
AI-generated overview

This 1,300 square foot ground floor retail space is ideally situated in the heart of Jamaica's bustling business and shopping district, directly across from a Home Depot. The property boasts a single-tenant occupancy and is perfect for a variety of uses, including medical offices, retail establishments, or food service businesses. Its location on a heavily trafficked section of Jamaica Avenue and 168th Street ensures high visibility and accessibility. The area is experiencing significant growth, with numerous new luxury residential developments adding to the already substantial pedestrian and vehicular traffic. The proximity to The Archer Green Apartments and the 90Ninety residential development, comprising over 1,000 combined apartment units, further enhances the property's appeal and potential for success. This presents a unique opportunity to establish a business in a thriving and rapidly developing neighborhood with a large and diverse customer base. The property is classified as both retail and office space, and is located in Queens County, New York, with a zip code of 11432. The entire space is currently vacant.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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