Investment Overview

The offering is a 2,800 square foot, single-story retail property situated at the corner of Jamaica Avenue and 144th Place in Jamaica, Queens, NY. Currently, 2,000 square feet of the building is leased to Latin Joyeria under a master lease that runs until July 2026. The remaining 800 square feet will be delivered vacant. The property boasts 130 feet of frontage along Jamaica Avenue and 144th place. It is located just three blocks from the LIRR Jamaica Station, the Sutphin Blvd-Archer Av-JFK Airport Station (serving the E, J, and Z trains), and the Jamaica AirTrain. The property sits on a 2,931 square foot lot, zoned R6A, C2-4, with a Floor Area Ratio (FAR) of 3, offering 8,793 square feet of air rights. This is an excellent value-add investment opportunity in the thriving downtown Jamaica area of Queens