ERG Hired Exclusively to Sell Development Site in Jamaica, Queens

ERG Property Advisors has been hired exclusively to sell 172-14, 16 and 18 Jamaica Avenue in Jamaica, NY.

New York, NY, April 19, 2012 --( ERG Property Advisors has been hired exclusively to sell 172-14, 16 and 18 Jamaica Avenue in Jamaica, NY. This development site is located in the Jamaica Center area of Queens.

The development site is situated amidst exciting new residential developments and a wide variety of independent businesses and national retailers. It is approximately 7,839 square feet with an additional 23,517 square feet of buildable space.

The asking price for the property is $1,800,000. The site’s R6-A zoning permits community facilities, such as medical facilities, to be built to an FAR of three. 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 property is located in an excellent area of Jamaica, Queens with superb visibility. The site is in close proximity to public transportation including the Q110, Q17, Q43, Q2, Q3, Q83 and X64 buses and the F Subway line. JFK Airport is located within a 15-minute drive of the property.

For more information about this property, please contact Shawn Campbell at (646) 253-0960.

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.
ERG Property Advisors
Matthew Ledvina