Mixed Use Jamaica
Investment Highlights
Jamaica, Queens JV development opportunity. Two adjacent sites totaling approximately 150,000 BSF. • Site 1: Vacant retail site | ~80,000 BSF | proposed mixed-use rental with ground-floor retail • Site 2: Owner-occupied supermarket | ~70,000 BSF | proposed 100% rental building Ownership will roll both sites into the JV at approximately $200/BSF valuation, eliminating upfront land acquisition costs. Ownership seeks: • Long-term lease for 7,000 SF retail + 5,000 SF cellar at Site 1 for existing grocery operation • 20% share of post-construction rental revenue Seeking experienced multifamily developer JV partner.
Location
📍 Jamaica
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded mixed use mortgages since 2021, from public ACRIS filings.
- Velocity Commercial Capital, LLC — 146 loans, typically $413K–$850K
- Emigrant Funding Corporation — 144 loans, typically $350K–$853K
- Habib American Bank — 137 loans, typically $380K–$870K
- Connectone Bank — 103 loans, typically $426K–$1.17M
- Flushing Bank — 238 loans, typically $201K–$638K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
