Diamond and Mandy of Lee BQLI hold exclusive agency for 36,000 s/f at 164-02/164-04/164-08 Jamaica Avenue; potential to Build 66,000 s/f

Queens, NY Bradley Diamond, managing director, and Mandy Cantor, director, of Lee & Associates BQLI (Lee BQLI) have been awarded the exclusive agency for more 36,000 s/f of retail space, including over 22,000 s/f at grade level and 82 feet of frontage at 164-02, 164-04 and 164-08 Jamaica Avenue, between 164th and 165th Streets. The multi-level property is currently divided into three stores and changes to that configuration will be considered. Moreover, the property may be expanded to 66,000 s/f. “We are marketing a real ‘ground floor’ opportunity with tremendous buildable potential,” said Cantor. “Moreover, this is the best section of Jamaica Avenue, highlighted by a concentration of national brands and anchored by a major retail center nearby.” Retail businesses in the immediate area include Children’s Place, Home Depot, Old Navy, Modell’s GAP, Skechers, Nine West, Raymour & Flanigan, Planet Fitness, Blink, Sprint, T Mobile, Foot Locker and Carter’s Babies & Kids. In addition, Burlington Coat Factory is joining the vibrant retail mix in 2017. Among the quick service restaurants lining the street are Subway, Dunkin Donuts, Taco Bell, Applebees, Wendy’s, Popeye’s, Burger King and McDonald’s. Diamond said, “In addition to being the main retail corridor in a well-established neighborhood, it is accessible to public transportation and close to JFK. There is already a strong consumer base here and with the advent of several new major hotel and mixed-use retail projects, it will continue to grow.”