Property profile

161-21 Jamaica Ave Queens, NY 11432

OFF-MARKET
Retail properties & Spaces
9,300 SF
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Property summary

AI-generated overview

This exceptional Queens County property, located at 161-21 Jamaica Avenue, zip code 11432, offers 9,300 square feet of prime retail and restaurant space currently available for lease. The building is comprised of two suites, providing flexibility for various business needs. Individual spaces range from a minimum of 2,800 square feet to a maximum contiguous space of 6,500 square feet, making it ideal for both large and smaller operations. The entire 9,300 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for two separate businesses to establish themselves in this high-traffic location. The property's classification as both retail and restaurant space allows for a wide range of potential uses, catering to diverse business models. Situated in Queens, New York, this location benefits from excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a vibrant commercial area. The property's address is 161-21 Jamaica Avenue, Queens, NY 11432. This is a rare opportunity to secure a substantial and versatile commercial space in a desirable Queens location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Location

161-21 Jamaica Ave Queens, NY 11432
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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