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178-08-178-10 Jamaica Ave
Jamaica, NY 11432
Retail Property For Sale
Investment Highlights
- High-visibility frontage on Jamaica Avenue with steady pedestrian and vehicular traffic.
- Valuable redevelopment potential under R6A zoning with proximity to major public transit.
- Mixed-use configuration featuring retail storefronts and multiple residential apartments.
Executive Summary
This mixed-use storefront retail and residential property sits on a highly trafficked stretch of Jamaica Avenue, surrounded by dense retail activity and just steps from major transit options including the Jamaica-179 St subway station. The site includes two ground-floor retail spaces with multiple residential units above, plus a rear garage and yard space providing additional parking flexibility. Located in a medium-density R6A zoning district with commercial overlay, the property offers strong long-term development potential in one of Queens’ most active commercial corridors.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,280 SF
Building Class
C
Year Built
1931
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.86
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
R6A - Medium density residential district
Parking
4 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 10317-0010 | Improvements Assessment | $369,630 |
| Land Assessment | $6,417 | Total Assessment | $376,047 |
Property Taxes
Parcel Number
10317-0010
Land Assessment
$6,417
Improvements Assessment
$369,630
Total Assessment
$376,047
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