Shopping Strip
NYC Chase Anchored Retail Strip
115-20 Jamaica Ave, Queens, NY 11418
Listing Price: $4,800,000
Cap Rate
5.47%
Gross SF
7,400
Rentable SF
7,400
Price/Gross SF
$648.65
Lot Size
0.13 acres
Year Built
1935
Investment Overview
NYC corner lot property anchored by Chase Bank in Richmond Hill, Queens
NYC Chase Anchored Retail Strip
Investment Highlights
- 100% leased to four tenants with staggered expirations from 2026 to 2040
- This is an established branch for Chase housing over $173.5M in deposits. This is the only branch Chase has in the zip code and has 14.5 years remaining in their base term
- Corner lot situated on Jamaica Ave with 11,000+ vehicles per day, the property benefits from high visibility and walk-by traffic
Exclusively Listed By
Financing By
Listing Price: $4,800,000
Cap Rate
5.47%
Gross SF
7,400
Rentable SF
7,400
Price/Gross SF
$648.65
Lot Size
0.13 acres
Year Built
1935
Investment Highlights
- 100% leased to four tenants with staggered expirations from 2026 to 2040
- This is an established branch for Chase housing over $173.5M in deposits. This is the only branch Chase has in the zip code and has 14.5 years remaining in their base term
- Corner lot situated on Jamaica Ave with 11,000+ vehicles per day, the property benefits from high visibility and walk-by traffic
Investment Overview
NYC corner lot property anchored by Chase Bank in Richmond Hill, Queens
Exclusively Listed By
Financing By
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