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166-02 Jamaica Ave 43,200 SF Vacant Office Building Jamaica, NY 11432 $15,217,289 CAD ($352.25 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Foot Traffic
  • Delivered Vacant
  • Potential for National Tenants
  • Prime Retail Corner on Jamaica Avenue

EXECUTIVE SUMMARY

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 166-02 Jamaica Avenue in the Jamaica neighborhood of Queens (the “Property”). The 7,217 SF lot is improved by a 6-story 43,200 SF commercial building. The Property sits on the corner of Jamaica Avenue and Merrick Boulevard and boasts 80’ of frontage on Jamaica Avenue along with 93’ of frontage on Merrick Boulevard.
The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the 169th Street subway station serviced by the E & F trains.
The surrounding area is densely populated and features a mix of residential, commercial, and retail businesses. This makes it an ideal location for a variety of businesses, including restaurants, cafes, clothing stores, and convenience stores. The Property is also located in close proximity to York College (CUNY) and St. John’s University, which provides a large pool of potential customers for businesses.
All inquiries should be directed to Cushman & Wakefield.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
43,200 SF
Building Class
B
Year Built
1934
Price
$15,217,289 CAD
Price Per SF
$352.25 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
7,200 SF
Building FAR
5.83
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C6-2, DJ - C6-2, DJ zoning allows for residential, commercial, or facility uses. Residential FAR: 6 Commercial FAR: 6 Facility FAR: 6.5

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 6,950 SF
  • Retail
  • Full Build-Out
  • Now

Space features basement availability

  • 2nd Floor
  • 7,500 SF
  • Office
  • Partial Build-Out
  • Now

Space features basement availability

  • 3rd Floor
  • 7,500 SF
  • Office
  • Partial Build-Out
  • Now

Space features basement availability

  • 4th Floor
  • 7,500 SF
  • Office
  • Partial Build-Out
  • Now

Space features basement availability

  • 5th Floor
  • 7,500 SF
  • Office
  • Partial Build-Out
  • Now

Space features basement availability

  • 6th Floor
  • 7,500 SF
  • Office
  • Partial Build-Out
  • Now

Space features basement availability

Space Size Space Use Condition Available
Ground 6,950 SF Retail Full Build-Out Now
2nd Floor 7,500 SF Office Partial Build-Out Now
3rd Floor 7,500 SF Office Partial Build-Out Now
4th Floor 7,500 SF Office Partial Build-Out Now
5th Floor 7,500 SF Office Partial Build-Out Now
6th Floor 7,500 SF Office Partial Build-Out Now

Ground

Size
6,950 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

2nd Floor

Size
7,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor

Size
7,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Floor

Size
7,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Floor

Size
7,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

6th Floor

Size
7,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground

Size 6,950 SF
Space Use Retail
Condition Full Build-Out
Available Now

Space features basement availability

2nd Floor

Size 7,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

Space features basement availability

3rd Floor

Size 7,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

Space features basement availability

4th Floor

Size 7,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

Space features basement availability

5th Floor

Size 7,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

Space features basement availability

6th Floor

Size 7,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

Space features basement availability

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10156-0001
Land Assessment
$637,618 CAD (2025)
Improvements Assessment
$2,732,541 CAD (2025)
Total Assessment
$3,370,159 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 33786382

  • Date on Market: 2024-11-07

  • Last Updated:

  • Address: 166-02 Jamaica Ave, Jamaica, NY 11432

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