DESCRIPTION

This rare, once-in-a-generation opportunity offers the chance to acquire a curated portfolio of properties in the heart of jamaica, queens with unparalleled connectivity to jfk international airport, long island railroad jamaica, jfk airtrain, major subway lines, bus routes and major highways.  The portfolio features an exceptional assemblage of development-ready sites and income-producing assets strategically located across jamaica—one of new york city’s fastest-growing, most transit-connected neighborhoods.  With properties situated both within and outside the special downtown jamaica district, this offering provides unmatched flexibility for developers, investors, 1031 exchange buyers and end-users seeking to establish or expand a presence in one of queens’ most active commercial corridors, whether seeking immediate cash flow, long-term appreciation or large-scale development potential.  All tenants are on flexible month-to-month terms, providing investors with immediate cash flow as well as the option to deliver the assemblage vacant for redevelopment or repositioning.  Properties are available as a full assemblage and smaller groupings are available for more targeted development strategies.  This flexible structure allows developers to scale their investment according to project vision and capacity, with each parcel positioned for strong roi due to its proximity to transit, city-backed incentives and the rapidly growing residential demand in downtown jamaica.  The assemblage includes the following addresses: 155-17 liberty avenue, 155-11 liberty avenue, 95-49 tuckerton street, 150-19 liberty avenue, 150-17 liberty avenue, 150-05 liberty avenue, 120-01 sutphin boulevard, 143-10 liberty avenue, 143-12/14 liberty avenue, 106-12 148th street, 146-54 105th avenue, and 150-22 105th avenue (also known as 150-22 tuskegee airman way).  


Data is provided by OneKey MLS.