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21480-21502 AVAILABLE FOR JAMAICA AVENUE SALE OR LEASE VILLAGE, NY 11428

Jamaica Avenue Commercial Redevelopment Opportunity ASKING PRICE 163’ of Linear Frontage $3,100,000 Along Jamaica Avenue PROPERTY HIGHLIGHTS

REDEVELOPMENT OPPORTUNITY C8-1 Zoning - Outside of the IBZ

SIGNIFICANT EXPOSURE 163’ of Frontage on high-visibility Jamaica Avenue corridor

Two Commercial Buildings totaling ~10,300 square feet with a 9,700 square foot parking lot

CONVENIENTLY LOCATED Just off the the Clearview Expressway, Grand Central Parkway and

PROPERTY SUMMARY

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a commercial building and parking lot at 21480-21502 Jamaica Avenue in Queens Village, NY.

The subject property is a 1/2 acre lot with 163’ of frontage along Jamaica Avenue. The property is improved by two in buildings which form an “L” shape on the lot, and combine for 10,268 sq. ft. Additionally, 214-80 Jamaica Avenue has a 3,500 square foot rentable basement space. The property also benefits from a 9,700 sq. ft. (approx.) parking area in front of the buildings.

The buildings are currently occupied by an autoparts supply store on a short-term basis. The property is ideal for many types of uses including retail, medical, light industrial, self-storage, etc. Additionally, the property is zoned C8-1 with approx. 10,000 sq. ft. of commercial air rights to expand the existings buildings. The property is also unique because it is located outside of the industrial business zone.

For additional information about the opportunity or to schedule a walkthrough, please reach out to the exclusive brokers. 21480-21502 JAMAICA AVE 2 Queens Village, NY 11428 D R A V E L U O B S N E E U Q

PROPERTY INFORMATION

214-80 JAMAICA AVE 215-02 JAMAICA AVE TOTAL ADDRESS LOT DIMENSIONS 90’ X 123’ 73’ X 122’ 163’ X 123’ (Approx.) 21480-21502 JAMAICA AVE. QUEENS VILLAGE, NY 11428 LOT SQ. FT. 11,070 8,906 19,976 (Approx.)

BLOCK / LOT BUILDING SQ. FT. 6,625 3,643 10,268 (Approx.) 10759 / 97 & 102 BASEMENT SQ. FT. 3,500 N/A 3,500 (Approx.) ZONING DISTRICT C8-1 PARKING LOT SQ. FT. 4,445 5,263 9,708 (Approx.)

FAR (AS-OF-RIGHT) MAX FAR (COMM. FACILITY) COMBINED ASSESSMENT (20/21) TAXES (20/21) 1.00 2.40 $621,038 $66,414

BUILDABLE SQ. FT. MAX BUILDABLE SQ. FT. TAX RATE TAX CLASS (AS-OF-RIGHT) (COMM. FACILITY) 10.694% 4 19,976 47,942 21480-21502 JAMAICA AVE 3 Queens Village, NY 11428 C H a a th W 116th St E 125th St e r E d l P r e Eastchester al S la m h W Pk n 1 y o d 1 0 R r o t Bay e 7th Ave h i m S v t R e e

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Ocean Ave P Flatlands Ave O P R e a d v rk A Shore Pky h S t 11 w ky P Ro t sedal el Rockaway Blvd e Rd B P Linden Blvd r o Parkside Ave s p Utica Ave 3rd Ave e c y E 5th St k t P P e l E v e ia x n A n r p n o to s y Ca y m lv e a M n a ia i A M Rockaway Pky v / xpy E 108th St e w Van Wyck E Ditmas Ave o 39th St P C r o F s JOHN F KENNEDY r s a

B n r a k Church Ave INT'L l D y i n n B o Ditmas Ave A y s l k M v d P y AIRPORT v c y v lt i D d l r c e k B e e S E u w h D n a B f e P l o ei v H u re L o A e s R s n r y o Ralph Ave in g o k a a n l n h P d e d i D y S P e Bay Ridge Ave r 6 k K r 5 P A Rockaway Tpke t o n v h o e h S lt S t i Flatbush Ave m Seaview Ave a 67th St t H r y o k 4th Ave F P lt e 65th St E B Bay Ridge Pky y 80 p th x S E t

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P e l a g F Bay e u d la ri t n E B 14th Ave b n x s Bay Pky y u a p w w G s ro h y ar s H e h N g r A C o- n r n P Ki it v za o s e h ra Avenue P e c r ly n Ve a P e l A y Ocean Pky v k Bay 8th St e B P

P t o l w/ e M P B ia Memorial ky 86th St

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Coney Island Ave o R C L r Ocean Ave ei o f p E se ri y Avenue U c ay Dr so A seph H M vd n v C o l D e J Seagirt B r r ev o R s

s Knapp St l Dr South Oyster B anne ch Ch Flatbush Ave a Stillwell Ave a y e B Bay y Fw away r Rock Park St D el nn ha C ch ea B Beech St ky wy Pky P y F hore lt Dead wa S Be cka ky Ro Leif E Belt P ricson Dr Pow Pky Horse ve /Mia Memorial ky y Emmons A ore P k Bay B Sh P e Lower lt Pky n vd a l d Sheepheads Bay B e h R ac c e l B e y New York O a h w ka S oc y R k

W 17th St P Bay n a Neptune Ave e c Marine Parkway Bridge r

W 37th St W 36th St O l D ne S an urf A Ch ve h ac Be

Raritan Bay

Atlantic Ocean PROPERTY PHOTOS

LONG ISLAND RAILROAD

JAMAICA AVENUE LONG ISLAND RAILROAD JAMAICA AVENUE

AERIAL BACK EXTERIOR FRONT EXTERIOR

BLOCK 10759 | LOT 97 & 102

21480-21502 JAMAICA AVE 5 Queens Village, NY 11428 21480-21502 JAMAICA AVENUE QUEENS VILLAGE, NY 11428

CONTACT Stephen R. Preuss Andreas Efthymiou Kevin Schmitz Vice Chairman Director Director +1 718 512 2118 +1 718 512 2621 +1 718 512 2628 [email protected] [email protected] [email protected]

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