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169-01 & 168-19 Baisley Blvd

2 Properties Offered at $1,500,000 in Jamaica, NY

Investment Highlights

  • 70K SF Storage facility and 12,610 SF retail.
  • 66,082 BSF Development opportunity.

Executive Summary

This subject offering is for 2 adjacent lots with multiple commercial and storage facility buildings located in the Jamaica neighborhood of Queens, NY. 169-01 Baisley is a four-story 70,000 square foot storage facility that is occupied and operated by Stop & Stor Springfield Garden. 168-19 Baisley is a single-story 12,610 square feet consisting of 3 commercial and retail units. The building is occupied by a laundromat, deli, and auto repair garage. The property features more than 20 parking spaces. Both buildings are fully occupied. There is also a development opportunity as these lots are zoned for a total of 66,082 buildable square feet as of right and 158,596 buildable square feet with the facility bonus. Ownership has a proposal for a 7-story 87,462 square foot commercial building with community facility. Located between 168th Street and Marsden Street, this property is only steps away from restaurants, shops, markets, schools, Railroad Park, Baisley Pond, Roy Wilkins Park, Locust Manor Long Island Railroad Station, and the Belt Parkway.

Property Facts

Price $1,500,000
Price / SF $18.16 / SF
Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 82,610 SF
Total Land Area 1.52 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
169-01 Baisley Blvd, Jamaica, NY 11434 Industrial 70,000 SF 1966 -
16819 Baisley Blvd, Jamaica, NY 11434 Retail 12,610 SF 1970 -
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  • Listing ID: 32273555

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 169-01 & 168-19 Baisley Blvd, Jamaica, NY

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