107-67 Merrick Boulevard, Jamaica, NY 11433

Jamaica, Jamaica, New York 11433

$1,800,000   Fully-Approved Plans

Listing ID Number

25703

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 107-67 Mer-rick Boulevard in Jamaica, Queens. It is an approximately 8,110 square foot corner lot with fully-approved plans for a two-story retail and office building of approximately 11,994 square feet. The zoning floor area is approximately 11,307 square feet.

The lot sits at a traffic light corner on the northeast corner of 108th Avenue and Merrick Boulevard. This location experiences over 21,000 cars passing daily and is an ideal location for retail, office, mixed-use, or flex space.

107-67 Merrick Boulevard is located a few blocks south of Downtown Jamaica which includes the Jamaica Center and LIRR hubs offering the E, J, & Z subways, the Long Island Rail Road, and Air Train to JFK.

The Jamaica area is going through a revitalization process. The area is seeing a huge demand for new development of retail, residential, and office space. There are over 2,653 new apartments and over 1,951 hotel rooms in development in the Jamaica area including The Crossing at Jamaica and the Hilton Garden Inn. This is a great opportunity for an investor to take advantage of the growing demand for new development in a rapidly growing population.

All property inspections are by appointment only, please inquire within.

Overview

Building Type:Development/Conversion Sites
Block/Lot:10244/211
Lot Dimensions:114.92 x 94.75
approx.
Lot Sq Ft:8110.1
approx.
Buildable Sq. Ft:11,994
approved.
Zoning:C2-4 / R5D

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.