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107-01 Merrick Blvd
Jamaica, NY 11433
Retail Property For Sale


Investment Highlights
- Corner site with 132.3’ of frontage along Merrick Boulevard in Jamaica, Queens.
- Four blocks from E, J & Z lines at Jamaica Center-Parsons/Archer, and close access to Jamaica Station (LIRR) & Van Wyck Expressway.
- Over the past decade, Jamaica has seen the development of more than 5,000 new apartments, 2,362 hotel rooms, and over 500,000 square feet of retail.
- Zoned R7A (C2-4 commercial overlay), allowing up to 61,279 buildable square feet for mid-density residential or mixed-use development.
- Short distance to local retail stores and urban shopping centers, including Jamaica Center Mall and Jamaica Colosseum Mall.
Executive Summary
107-01 Merrick Boulevard presents a rare opportunity to acquire a well-located corner development site in the heart of Jamaica, one of New York City’s most active and steadily expanding residential and commercial districts. Positioned at the intersection of Merrick Boulevard and a secondary frontage totaling more than 130 feet, the property delivers long, uninterrupted visibility along one of the neighborhood’s most traveled arterials. The site spans 12,894 square feet across a split-zoned tax lot, offering developers multiple pathways for value creation through mid-density residential or mixed-use programming.
The flexible R7A and R4-1 zoning, enhanced by a C2-4 commercial overlay, supports as-of-right buildability of 49,092 square feet, which can be elevated to 61,279 buildable square feet under the Mandatory Inclusionary Housing (MIH) framework. This optionality allows investors to pursue a broad range of product strategies, from workforce-oriented housing to mixed-use retail-anchored offerings. The site’s existing structure is a single-story, 2,000-square-foot building, creating a straightforward path to redevelopment with few physical complexities.
Located only four blocks from the E, J, and Z subway lines at Jamaica Center–Parsons/Archer and minutes from Jamaica Station’s LIRR and AirTrain connections, the property sits within one of the most connected transit hubs in the city. The surrounding neighborhood benefits from a dense population, strong retail corridors, and proximity to major civic uses, while the broader Jamaica market continues to experience significant investment with thousands of new residential units, hotel rooms, and retail square footage added over the past decade. These fundamentals support strong long-term demand for new housing and mixed-use development.
With its strategic corner frontage, strong zoning potential, and immediate access to regional transit, 107-01 Merrick Boulevard offers a compelling platform for developers seeking a scalable project in a high-growth submarket of Queens.
The flexible R7A and R4-1 zoning, enhanced by a C2-4 commercial overlay, supports as-of-right buildability of 49,092 square feet, which can be elevated to 61,279 buildable square feet under the Mandatory Inclusionary Housing (MIH) framework. This optionality allows investors to pursue a broad range of product strategies, from workforce-oriented housing to mixed-use retail-anchored offerings. The site’s existing structure is a single-story, 2,000-square-foot building, creating a straightforward path to redevelopment with few physical complexities.
Located only four blocks from the E, J, and Z subway lines at Jamaica Center–Parsons/Archer and minutes from Jamaica Station’s LIRR and AirTrain connections, the property sits within one of the most connected transit hubs in the city. The surrounding neighborhood benefits from a dense population, strong retail corridors, and proximity to major civic uses, while the broader Jamaica market continues to experience significant investment with thousands of new residential units, hotel rooms, and retail square footage added over the past decade. These fundamentals support strong long-term demand for new housing and mixed-use development.
With its strategic corner frontage, strong zoning potential, and immediate access to regional transit, 107-01 Merrick Boulevard offers a compelling platform for developers seeking a scalable project in a high-growth submarket of Queens.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,000 SF
Building Class
C
Year Built
1955
Price
$8,920,600 CAD
Price Per SF
$4,460.30 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
R7A / R4-1 / C2-4 - Medium density-residential development with retail on ground floor district.
Parking
10 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
132’ on MERRICK BLVD
Amenities
- Bus Line
Property Taxes
| Parcel Number | 10237-0005 | Improvements Assessment | $359,061 CAD |
| Land Assessment | $279,764 CAD | Total Assessment | $638,825 CAD |
Property Taxes
Parcel Number
10237-0005
Land Assessment
$279,764 CAD
Improvements Assessment
$359,061 CAD
Total Assessment
$638,825 CAD
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