186-14-20 Jamaica Ave 23,000 SF Industrial Building Jamaica, NY 11423 $23,237,980 CAD ($1,010.35 CAD/SF)

First-time offering of a substantial industrial property located along Jamaica Avenue in Queens, presenting a rare investment and redevelopment opportunity. The asset comprises a 23,000 square foot one-story building situated on an expansive 70,690 square foot lot with a fenced paved yard totaling 47,680 square feet. Zoned M2-3A with a Floor Area Ratio of 4, the property allows for significant buildable square footage and future growth potential. Current improvements include interior loading docks, multiple drive-in doors, 16-foot ceiling heights, heavy-duty fireproof construction, and 3-phase electrical service, all supporting a wide range of industrial uses.
Located within an Opportunity Zone, the site also features a fenced paved yard, providing ideal conditions for logistics, outdoor storage, or large-scale operations. Positioned in a strategic Queens location with strong industrial and wholesale demand, this property benefits from proximity to major transportation corridors and dense regional markets. With tremendous development upside and user flexibility, this asset appeals to investors, developers, and owner-users seeking scale and connectivity in one of New York City’s most dynamic submarkets.