Prime Downtown Jamaica Development Site, ONE Retained

QUEENS, NY – March 11, 2018

ONE Commercial Realty Services has been retained on an exclusive basis for the sale of 147-20 Jamaica Avenue in Queens, NY.

The subject property is a prime corner development opportunity located directly on Jamaica Avenue approximately (4minute walk) from Jamaica Terminal. The Terminal is one of the largest transportation hubs in America and sees over 250,000 daily commuters. It is currently undergoing a $65 million infrastructure facelift consisting of new platforms and tracks, glass-enclosed heated waiting areas, and Wi-Fi/USB charging stations. The project is slated to be completed by 2019 and will continue to offer services to Manhattan, Brooklyn and Long Island, as well as AIR Train Services to JFK Airport. 147-20 Jamaica Avenue is positioned in the heart of Jamaica Center, with 20’ feet of corner Jamaica Avenue frontage, and an additional 81’ feet of side frontage on 147th Place directly adjacent to the 19-story 100,000SF mixed-use Hotel Development located at 90-75 Sutphin Boulevard. The Zoning is C6-2 & Special District Jamaica (DJ) Zoning. The shape of the lot is an irregular L-Shape.

For more information regarding this listing contact Louis Cotrone at 212-596-7581 or David Chase at 212-596-7577.

 

About ONE Commercial

Powered by a highly skilled team, ONE Commercial is one of New York’s preeminent full-service commercial real estate firms, priding itself in providing best in class services to our clients on a consistent basis and is one of the preferred brokerage throughout New York City. With localized knowledge of each of New York City’s geographic areas, our professional brokers provide very specific market knowledge and industry expertise to investors and owners alike. As a result, we achieve superior results for our clients.