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8439 Jamaica Ave
Jamaica, NY 11421
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Delivered vacant with second-generation grocery infrastructure
- Upper floors offer conversion potential for office or residential use
- Additional 5,380 SF of development rights available
- Positioned in a high-foot-traffic retail corridor near Forest Parkway
- Located across from the J/Z subway station with multiple bus lines
- Strong local demographics with median income near $90K
EXECUTIVE SUMMARY
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 84-39 JAMAICA AVENUE, Woodhaven, NY 11421 (the “Property”) - a three-story, 13,640 SF (approx.) commercial building delivered vacant.
The ground floor was previously occupied by a grocery store which includes the existing infrastructure, while the upper floors, currently in shell condition, offer flexible repositioning potential for commercial, community facility, or residential use.
Strategically positioned along Woodhaven’s most highly trafficked retail corridor, the Property enjoys exceptional visibility and strong daily foot traffic. Its location provides unmatched accessibility, sitting just a short walk from the 85th Street–Forest Parkway (J/Z) subway station and serviced by multiple bus routes along Jamaica Avenue — offering direct connections to Manhattan, Brooklyn, and the greater Queens market.
The ground floor was previously occupied by a grocery store which includes the existing infrastructure, while the upper floors, currently in shell condition, offer flexible repositioning potential for commercial, community facility, or residential use.
Strategically positioned along Woodhaven’s most highly trafficked retail corridor, the Property enjoys exceptional visibility and strong daily foot traffic. Its location provides unmatched accessibility, sitting just a short walk from the 85th Street–Forest Parkway (J/Z) subway station and serviced by multiple bus routes along Jamaica Avenue — offering direct connections to Manhattan, Brooklyn, and the greater Queens market.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Building Size
12,000 SF
Building Class
C
Year Built
1931
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.84
Lot Size
0.15 AC
Zoning
R6A - Medium density residential district
Frontage
PROPERTY TAXES
| Parcel Number | 08853-0105 | Improvements Assessment | $612,550 CAD |
| Land Assessment | $240,067 CAD | Total Assessment | $852,617 CAD |
PROPERTY TAXES
Parcel Number
08853-0105
Land Assessment
$240,067 CAD
Improvements Assessment
$612,550 CAD
Total Assessment
$852,617 CAD
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