For Sale Contact for pricing
Property Type Unassigned
Building Class K1
Date Updated Apr 26, 2024

We’re excited to present a prime development opportunity at 155-01 Jamaica Avenue, Jamaica, NY 11432. This strategically located property on the north side of Jamaica Avenue, between 153rd Street and Parsons Boulevard, offers a 3,144 sq. ft. retail building with 24’ of frontage. Beyond its current retail use, the property holds immense development potential, allowing for mixed-use, residential, commercial, and community facility ventures.

The property details include a lot size of approximately 25’ x 131’ (3,275 sq. ft.) and C6-3 zoning. Notably, the residential floor area ratio (F.A.R.) stands at 6.0, with the potential to reach 8.0 with an Inclusionary Housing Bonus. This translates to a residential buildable sq. ft. of approximately 19,650 sq. ft., expandable to 26,200 sq. ft. with inclusionary housing. Additionally, the commercial F.A.R. is 8.0, providing for a commercial buildable sq. ft. of approximately 26,200 sq. ft., along with a community facility buildable sq. ft. of 26,200.

The financial aspects of the property include a NYC Tax Assessment for 22/23 at $302,400, with taxes amounting to $32,960. This property’s exceptional location and flexible zoning make it an enticing prospect for developers looking to capitalize on the vibrancy of Jamaica Avenue and explore diverse development opportunities.

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Contacts

Brian Sarath

Cushman & Wakefield

(718) 215-1500

Location

Getting Around

Walk Score ®
98/100 Walker's Paradise
Transit Score ®
100/100 Rider's Paradise
Bike Score ®
59/100 Bikeable

City Jamaica, NY
Neighborhood Jamaica
Zip Code 11432
Market Queens

Points of Interest

Jamaica Center - Parsons/Archer (E,J,Z)

0.08 miles
Jamaica Center–Parsons/Archer

0.08 miles
Jamaica Center - Parsons/Archer (E,J,Z)

0.08 miles
Parsons Boulevard

0.31 miles
Sutphin Boulevard-Archer Avenue JFK Station (E, J, Z)

0.37 miles
Sutphin Boulevard–Archer Avenue–JFK Airport

0.41 miles
Jamaica

0.41 miles
Sutphin Boulevard

0.51 miles
169th Street

0.64 miles
169 St & Hillside Ave, Southwest corner

0.66 miles

Hess

0.39 miles
Hillside Ave Mobil Mart

0.47 miles
Sunoco

0.51 miles
BP

0.52 miles
BP

0.68 miles
Mobil

0.70 miles
Shell

0.76 miles
BP

0.77 miles
Atlantis

0.81 miles
Mobil

0.81 miles

Queens Family Court Garage

0.17 miles
Jamaica First Parking

0.24 miles
City Parking

0.31 miles
Jamaica Colosseum Parking

0.39 miles
Home Depot Roof Parking

0.47 miles
Budhu Parking Lot

0.48 miles
Allen Cathedral Parking

1.12 miles
Littleman Parking

1.42 miles
Kew Gardens LIRR Parking

1.59 miles
Student Union Paid Parking

2.31 miles

Fairfield Inn & Suites New York Queens/Jamaica

0.26 miles
Days Inn

0.31 miles
Ramada

0.44 miles
Oyo Hotel

0.56 miles
Wingate by Wyndham Jamaica NY/ AirTrain JFK

0.58 miles
Van Wyck Motor Inn

0.59 miles
Blue Bird Inn

0.59 miles
Springhill Suites By Marriott

0.69 miles
Lexington Inn

0.73 miles
Sleep Inn & Suites

0.86 miles

McDonald's

0.07 miles
Popeyes

0.08 miles
Dunkin'

0.08 miles
Golden Krust

0.08 miles
Jamaica Market

0.09 miles
Farmers Market

0.11 miles
Taco Bell

0.12 miles
Chipotle

0.13 miles
Panda Express

0.13 miles
La Nueva Placitas

0.20 miles

PS 182 Samantha Smith Early Childhood Center

0.20 miles
Saint Marys School

0.22 miles
P.S. 182 Samantha Smith

0.27 miles
York College the City University of New York

0.34 miles
Jamaica Learning Center

0.36 miles
The Young Women's Leadership School of Queens

0.39 miles
PS/IS 314Q

0.39 miles
Public School 86

0.44 miles
The Ideal Montessori School

0.48 miles
Bethel Mission Junior Academy

0.55 miles

Saint Monica's Church

0.19 miles
Sunshine Developmental School

0.44 miles
Q381 District 29 Pre-K Center

0.60 miles
Kiddie Prep U

0.74 miles
Maria's Play & Learn

0.88 miles
Early Sunrise Preschool & Kindergarden

1.60 miles
Paccor Kids Daycare

1.71 miles
Metrokids Preschool

2.09 miles
House Of Playful Soul

2.53 miles
Francis Grace Day Care

2.59 miles

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