An office building at 211-31/33 Jamaica Avenue, located on the northeast corner of Jamaica Avenue and Hollis Court Boulevard in Queens Village, was sold in an all cash transaction valued at $850,000.
The two-story property is approximately 6,500 square feet and sits on a 40’ x 100’ lot. Once a bank, the first floor office/retail space boasts 20 foot ceilings and a large safe that has been converted to office space. The second floor and finished basement are also being utilized as office space. The property is situated on a highly visible corner close to major transportation and neighborhood amenities. The sale price equates to approximately $130 per square foot.
“Being a former bank building complete with 20 foot ceilings and a vault, this was a very unique property on the market. The purchaser, a credit union, is excited about renovating the property and will be keeping the integrity of the building, highlighting the original architecture and details,” said Massey Knakal Director of Sales Brian Sarath who exclusively represented the seller in this transaction.
Click here for press release
Neighborhoods: Queens Village