13940 Hillside AveJamaica, NY 11435

  • Manufacturing properties
  • 6,625 SF
For Sale
$18,000,000 View listing

Property Details for 13940 Hillside Ave

Year built
1931
Lot size
0.24 AC
Property size (Sq ft)
6,625 SF
Zone code
R6A
Property type
Manufacturing properties
APN
09685-0006
APU
96850006

Description

This exceptional 10,500 square foot retail development site presents a lucrative investment opportunity in the vibrant Jamaica, NY market. Located at 13940 Hillside Avenue, this property offers significant potential for redevelopment or repurposing. The expansive footprint allows for a wide range of development possibilities, catering to diverse retail concepts and maximizing rental income. The site's strategic location within Jamaica ensures high visibility and accessibility, benefiting from substantial foot traffic and proximity to major transportation arteries. This presents a unique chance to capitalize on the area's growing commercial sector and strong consumer base. The asking price of $18,000,000 reflects the significant potential inherent in this prime location and the substantial development opportunities it offers. Given the size and location, this property is ideal for developers seeking a high-impact project with strong returns. The absence of an existing structure allows for complete design flexibility, enabling the creation of a modern and efficient retail space tailored to the specific needs of the future tenant or tenants. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. Further details are available upon request. This is a rare chance to acquire a substantial retail site in a thriving New York City neighborhood.

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.7046
Longitude
-73.8129
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,238
$165,600
$166,500
$332,100
-
$368,000
$370,000
$738,000

FAQs

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