914-584-7422
147-17 Liberty Ave
Jamaica, NY 11435
Downtown Jamaica
HIGHLIGHTS
- Ground Lease: Proposed 99-year ground lease structure minimizes up front capital contribution.
- Corner Lot: Corner frontage on heavily trafficked Liberty Ave presents valuable retail potential and construction flexibility.
- 99 Unit Limit: The site can easily fit two buildings with a maximum unit count of 145 units, keeping each below the 99-unit threshold.
- Manageable Scale: ±99,000 BSF offers scale without the hurdles of institutional funding.
- IH Options: This site qualifies for MIH Options 1 and 3, offering flexible affordable bandwidths.
- Jamaica Neighborhood Plan: Situated in the center of the recent Jamaica Neighborhood Plan rezoning
FOR SALE DETAILS
PRICE
Request Info for Price
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
99 Year Ground Lease Opportunity
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.32
LAND SF
13,754
ZONING
R6A
APN/PARCEL ID
10032-0021,10032-0022
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
914-584-7422
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
914-584-7422
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
