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December 7, 2020 Comments Off on CushWake Markets “Mega-Scale” Parcel in Jamaica Views: 566 New York News, Outer Boroughs New York

CushWake Markets “Mega-Scale” Parcel in Jamaica

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Cushman & Wakefield has been retained to market The Queens Pinnacle at Jamaica Station for sale. The 900,000-buildable-square-foot, transit-oriented development site is located in a qualified Opportunity Zone at 94-01 Sutphin Blvd. in Downtown Jamaica, Queens.

A Cushman & Wakefield team of Stephen R. Preuss, Kevin Schmitz, Kevin Louie and Andreas Efthymiou will lead marketing efforts on behalf of the property’s seller.

“This site is desirable for a myriad of uses, including market-rate and affordable housing, medical office, airport-related office, public or private school, grocery, transit-oriented retail and more,” said Preuss. “Located just across from Jamaica Station, this site is incredibly conveniently located.”

The Queens Pinnacle is a mega-scale mixed-use development site that sits on an unimproved 1.4-acre parcel with an estimated 900,000 gross buildable square feet and up to 742,000 square feet of zoning floor area. The site offers 360-degree visibility and 900 feet of frontage.

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