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    FOR LEASE
    Office buildings

    8900 Sutphin Blvd, Jamaica, NY 11435

    52,186 SF 0.31 ac lot Built 1924
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-5956318
    Property summary
    AI-generated overview

    This exceptional 17,400 square foot multi-tenant property at 8900 Sutphin Boulevard in Jamaica, Queens County, New York offers a prime opportunity for businesses seeking versatile office, medical, or retail space. The building features a convenient minimum divisible space of 1,200 square feet, with a maximum contiguous space of 2,400 square feet currently available. A significant 10,000 square feet is vacant and ready for immediate occupancy. The building is equipped with elevators for easy access to all floors. Its strategic location directly across from the New York State Supreme Court Building and the New York City Civil Courthouse provides unparalleled visibility and accessibility. Adding to its convenience, a Starbucks is located within the building. Exceptional public transportation is readily available, with easy walking access to numerous bus lines (Q6, 8, 9, 20A, 20B, 24, 30, 31, 40, 41, 43, 44, & Q60), subway lines (E, F, J & Z), the Long Island Rail Road (LIRR), and the AirTrain to John F. Kennedy International Airport. This property presents a unique blend of prime location, versatile space, and convenient amenities, making it an ideal investment for a variety of businesses. The property's zip code is 11435.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1924
    Total area 52,186 SF
    Lot 0.31 ac (13,420 SF)
    Zoning code C4-4A
    APN 09676-0007
    UPID US63-5956318
    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
    • Rosenberg Minc Falkoff & Wolff LLP Law Firm
    • Carolyn Clyne Law Firm
    • Sutphin Boulevard Business Improvement District Charitable Organization Social Service Agency
    • Veritext Legal Solutions Law Firm
    • Bobbito Ross Artist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $15.37M
    Owner & transaction history
    Courthouse Square Realty Co LP · 6 yrs held
    Courthouse Square Realty Co LP
    since 2019
    7 recorded transactions
    2019
    1969
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C4-4A · Jamaica, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $25.0M +29.7%
    Warehouse, storage $23.3M +20.5%
    Retail stores $22.5M +16.3%
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    More about this property
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