New York, NY 11433

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:$24,700,000
Annual Taxes:$171,667
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Daniel Gale Sothebys Intl Rlty

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).

Amenities

  • Other

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 MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.