ERG Announces Availability of Prime Mixed-Use Building in Jamaica, Queens

New York City, New York (PressExposure) April 12, 2012 -- ERG Property Advisors is pleased to announce the availability of 172-10 Jamaica Avenue, a prime mixed-use building in Jamaica, NY. The building is located in the Jamaica Center area of Queens.

The property includes one store and four free-market apartments. The building is approximately 6,670 square feet with 19,575 square feet of buildable space. The asking price for this property is $2,000,000.

This lot and the neighboring parcels can be combined to form a 14,364-square-foot contiguous development site with 43,092 buildable square feet and 109 square feet of prime Jamaica Avenue frontage. The C204/R6-A Zoning allows new construction to be composed of both commercial and community facility uses to a FAR of 3.

The building is situated amidst exciting new residential developments and a wide variety of independent businesses and national retailers, generating continuous pedestrian traffic. Three nearby hospitals, including the New York City Health-Hospital, Holliswood Hospital and Jamaica Hospital Medical Center, make the site ideal for medical office development.

The building is conveniently located near public transportation, including the Q110, Q17, Q43, Q2, Q3, Q83 and X64 buses and the F Subway line. JFK Airport is within a 15-minute drive of the property.

For more information about this property, please contact Shawn Campbell at (646) 253-0960 or scampbell@ergpa.com.

About ERG Property Advisors

ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales, retail leasing, and strategic consulting. The firm is also a direct private money lender and commercial mortgage broker. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Visit http://www.ergpa.com for recent deals and press coverage.

About ERG Property Advisors

ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales, retail leasing, and strategic consulting. The firm is also a direct private money lender and commercial mortgage broker. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Visit http://www.ergpa.com for recent deals and press coverage.

Press Release Source: http://PressExposure.com/PR/ERG_Property_Advisors.html

Press Release Submitted On: April 17, 2012 at 12:10 pm
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