11520 Jamaica Ave - Bank FOR SALE
Richmond Hill, NY 11418 |
$4,800,000 USD
646-996-3709
11520 Jamaica Ave
Richmond Hill, NY 11418
HIGHLIGHTS
- Secure, Long-Term Income: 100% leased to four tenants with staggered expirations from 2026 to 2040
- Established branch for Chase housing over $173.5M in deposits. This is their only branch in the zip code with 14.5 years remaining in their base term
- Corner lot situated on Jamaica Ave with 11,000+ vehicles per day, benefiting from high visibility and walk-by traffic
- Proximity to Airports: 7 miles to LaGuardia and 5.5 miles to JFK, enhancing appeal to both local and corporate occupiers
- Surrounding Co-Tenancy: Nearby national and credit brands include Planet Fitness, Domino's, Starbucks, and Subway
FOR SALE DETAILS
PRICE
$4,800,000 USD
PRICE/SF
$649 USD /SF
CAP RATE
5.47%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1935
SPRINKLERS
-
PARKING SPACES
11
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,534 SF
ZONING
R3-1
APN/PARCEL ID
09305-0009
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646-996-3709
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646-996-3709
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