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99 Year Ground Lease Opportunity 147-17 Liberty Ave 6,300 SF Industrial Building Jamaica, NY 11435 For Sale

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Investment Highlights

Ground Lease: Proposed 99-year ground lease structure minimizes up front capital contribution.
99 Unit Limit: The site can easily fit two buildings with a maximum unit count of 145 units, keeping each below the 99-unit threshold.
IH Options: This site qualifies for MIH Options 1 and 3, offering flexible affordable bandwidths.

Corner Lot: Corner frontage on heavily trafficked Liberty Ave presents valuable retail potential and construction flexibility.
Manageable Scale: ±99,000 BSF offers scale without the hurdles of institutional funding.
Jamaica Neighborhood Plan: Situated in the center of the recent Jamaica Neighborhood Plan rezoning

Executive Summary

Broker of Record
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550

Marketing Brochure

Property Facts

Sale Type	Investment	Rentable Building Area	6,300 SF
Sale Conditions	Ground Lease (Leasehold) High Vacancy Property Redevelopment Project	No. Stories	1
Property Type	Industrial	Year Built	1990
Property Subtype	Warehouse	Tenancy	Single
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.32 AC
Zoning	R6A - Medium Density Residential District

Sale Type	Investment
Sale Conditions	Ground Lease (Leasehold) High Vacancy Property Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.32 AC
Rentable Building Area	6,300 SF
No. Stories	1
Year Built	1990
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R6A - Medium Density Residential District