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9222 GUY R BREWER BLVD
JAMAICA, NY 11433-1124
Asking Price
$3.50M
Asset Type
Traditional Office Office
Class
Class B
What's Special
<p><strong>Development Upside</strong> — The property has 16,120 SF of unused FAR under C6-3/R9 zoning, meaning a buyer could potentially triple the building size. This is the single biggest value driver for a developer.</p><p><strong>Built-in Demand Catalyst</strong> — The 700+ unit BRP residential complex going up directly across the street is a powerful story for any retail or mixed-use tenant — foot traffic is effectively pre-loaded.</p><p><strong>Delivered Vacant</strong> — No lease buyouts
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084