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11520 Jamaica Ave
Richmond Hill, NY 11418

$4,800,000 USD

Bank For Sale  •  7,400 SF

Property Details

  • Property Type Bank
  • Total Building Size 10,315 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1935
  • Tenancy Multiple
  • Zoning R3-1
88 Transit Score
95 Walk Score

Highlights

Secure, Long-Term Income: 100% leased to four tenants with staggered expirations from 2026 to 2040
Established branch for Chase housing over $173.5M in deposits. This is their only branch in the zip code with 14.5 years remaining in their base term
Corner lot situated on Jamaica Ave with 11,000+ vehicles per day, benefiting from high visibility and walk-by traffic
Proximity to Airports: 7 miles to LaGuardia and 5.5 miles to JFK, enhancing appeal to both local and corporate occupiers
Surrounding Co-Tenancy: Nearby national and credit brands include Planet Fitness, Domino's, Starbucks, and Subway

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Metro/Subway
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 3 min 17 min 0.8 mi
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 4 min - 1.5 mi
AirportDriveWalkDistance
John F Kennedy International 11 min - 6.5 mi
LaGuardia 13 min - 7.3 mi
Newark Liberty International 41 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Steven Siegel 646-996-3709 Marcus & Millichap
Steven Siegel 646-996-3709 Marcus & Millichap