186-14-20 Jamaica Ave - Warehouse FOR SALE


Jamaica, NY 11423
$17,000,000 USD
516-446-1849
186-14-20 Jamaica Ave, Jamaica, NY for Sale
$17,000,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

NEW


186-14-20 Jamaica Ave
Jamaica, NY 11423


HIGHLIGHTS

  • Positioned on Jamaica Avenue with significant street frontage for visibility and access.
  • 23,000 SF one-story industrial building featuring fireproof construction and modern utility infrastructure.
  • Significant paved yard space totaling 47,680 SF for storage, logistics, or fleet operations.
  • M2-3A zoning with FAR of 4 enables substantial redevelopment potential, including 282,760 SF buildable area.
  • Strategic location within an Opportunity Zone, offering potential tax advantages.
  • 16-foot ceiling heights, four drive-in doors, and two interior loading docks designed for industrial functionality.

OVERVIEW

First-time offering of a substantial industrial property located along Jamaica Avenue in Queens, presenting a rare investment and redevelopment opportunity. The asset comprises a 23,000 square foot one-story building situated on an expansive 70,690 square foot lot with a fenced paved yard totaling 47,680 square feet. Zoned M2-3A with a Floor Area Ratio of 4, the property allows for significant buildable square footage and future growth potential. Current improvements include interior loading docks, multiple drive-in doors, 16-foot ceiling heights, heavy-duty fireproof construction, and 3-phase electrical service, all supporting a wide range of industrial uses. Located within an Opportunity Zone, the site also features a fenced paved yard, providing ideal conditions for logistics, outdoor storage, or large-scale operations. Positioned in a strategic Queens location with strong industrial and wholesale demand, this property benefits from proximity to major transportation corridors and dense regional markets. With tremendous development upside and user flexibility, this asset appeals to investors, developers, and owner-users seeking scale and connectivity in one of New York City’s most dynamic submarkets.

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$739 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

Gas

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.62

LAND SF

70,690

ZONING

-

APN/PARCEL ID

10352-0119,10352-0120

ASK ABOUT THIS PROPERTY

Joseph HentzeHentze-Dor Realty, LLCMore Info
516-446-1849

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Joseph HentzeHentze-Dor Realty, LLCMore Info
516-446-1849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.