Why Jamaica?

Jamaica, Queens is a diverse and bustling neighborhood that has become an increasingly popular destination for commercial real estate investment in recent years. With its convenient location, range of amenities, and diverse mix of residents, Jamaica has much to offer building owners looking to invest in commercial real estate in New York City.

One of the key factors driving the growth of Jamaica's commercial real estate market is its affordable rental rates. Compared to other neighborhoods in Queens, Jamaica offers a wide range of commercial spaces at more affordable price points, making it an attractive destination for small businesses, entrepreneurs, and startup companies. In addition, the neighborhood has a diverse mix of retail spaces, restaurants, and other commercial properties, which cater to the needs of local residents and visitors.

Despite its affordability, Jamaica also offers a range of luxury commercial real estate options. In recent years, a number of new developments have been built in the area, offering modern amenities and high-end commercial spaces to those looking for a more luxurious experience. These developments have helped to create a more dynamic commercial real estate market in Jamaica, with options for businesses of all sizes and types.

Jamaica also offers a range of amenities that make it an attractive place to invest in commercial real estate. The neighborhood is home to several cultural institutions and event spaces, which draw visitors from across the city and help to create a vibrant and active commercial real estate market. In addition, Jamaica offers easy access to public transportation, with several subway lines and bus routes running through the area, making it easy for employees and customers to get around the city.

If you are a building owner looking to invest in commercial real estate in Jamaica, Queens, please reach out to our team at Invictus Property Advisors. With its growing popularity and diverse housing stock, Jamaica is poised for continued growth and success in the years to come. Work with a trusted real estate professional who has a deep understanding of the neighborhood's unique character and history, and explore the many opportunities that this vibrant Queens neighborhood has to offer for commercial real estate investment.

Jamaica, Queens is a vibrant and rapidly growing submarket located in the eastern portion of the borough that offers a range of investment opportunities for those looking to capitalize on the area's continued growth and development. The neighborhood is known for its diverse community, rich cultural history, and convenient access to transportation. In recent years, the area has seen a surge in real estate development, with a number of new projects taking shape.

Here are some of the notable real estate developments currently underway in Jamaica:

1. One Jamaica: This newly-constructed mixed-use development, located at 92-23 168th Street, features over 110,000 square feet of commercial and community space spread across five floors, as well as 50 residential units. The development includes a range of high-end amenities, such as outdoor space and a fitness center. With its prime location near the Jamaica transit hub and mix of modern, flexible commercial space, One Jamaica presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.

2. Archer Green: This newly-constructed affordable housing development, located at 92-61 165th Street, features over 380 residential units spread across six floors, as well as a range of community amenities, such as a fitness center and outdoor space. With its prime location near the Jamaica transit hub and mix of affordable and market-rate housing, Archer Green presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-income housing in the area.

3. The Crossing at Jamaica Station: This newly-constructed mixed-use development, located at 147-40 Archer Avenue, features over 400 residential units spread across two towers, as well as commercial and community space. The development includes a range of high-end amenities, such as a fitness center and a rooftop terrace. With its prime location near the Jamaica transit hub and mix of modern, flexible commercial space, The Crossing at Jamaica Station presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in the area.

4. Hillside Gateway: This newly-constructed mixed-use development, located at 162-20 Jamaica Avenue, features over 100,000 square feet of commercial space spread across two floors, as well as a range of community amenities, such as a fitness center and outdoor space. With its prime location near the Jamaica transit hub and mix of modern, flexible commercial space, Hillside Gateway presents an attractive investment opportunity for those looking to capitalize on the growing demand for commercial real estate in the area.

5. Jamaica Crossing: This newly-constructed affordable housing development, located at 109-14 Sutphin Boulevard, features over 500 residential units spread across five floors, as well as a range of community amenities, such as a fitness center and outdoor space. With its prime location near the Jamaica transit hub and mix of affordable and market-rate housing, Jamaica Crossing presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-income housing in the area.

These real estate developments are driving significant demand for commercial and residential space in Jamaica, Queens, and as a result, the submarket is poised for continued growth and development in the coming years. Whether you're an investor looking to capitalize on the area's rising property values or a landlord ready to take advantage of historically high exit values, Jamaica offers a wealth of opportunities for both buyers and sellers. At Invictus Property Advisors, we specialize in investment sales and offer tailored solutions to our clients based on their unique needs. If you are interested in learning more about investment opportunities in Jamaica or have any questions about the submarket, please don't hesitate to contact us.