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168th Street

168th Street
Jamaica, NY 11433
Retail, Leasing/Rental

168th Street is a 28,450 square foot property built in 2006 in the Jamaica neighborhood of Queens. The property has 1 unit and has an occupancy classification of "one story retail building."

  • Address 168th Street
  • neighborhood Jamaica
  • borough Queens
  • owner Ceruzzi Properties
  • owner entity 168TH STREET JAMAICA, LLC
  • floors 1
  • Year Built 2006
  • total units 1
  • square feet 28,450
  • block and lot 4-10156-0031
  • BIN 4000000
  • Event Financing
  • Address 90-02 168th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Price $ 15,000,000
  • Publication Date 01/18/2019
  • Event Date 01/17/2019
  • Party 1 BRP Communities
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Preston Flammang, Anthony D'Amelio
  • Party 2 Turnbridge Real Estate Credit Strategies
notes
The buyer secured an acquisition loan of $15 million for the Jamaica property.
  • Event Sales
  • Address 90-02 168th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Price $ 20,500,000
  • Publication Date 01/18/2019
  • Event Date 01/16/2019
  • Party 1 Greater Jamaica Development Corporation
  • Party 2 BRP Communities
notes
The buyer bought the Jamaica property for $20.5 million.
  • Event Sales
  • Address 87-05 168th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 4,810
  • Price $ 1,900,000
  • Publication Date 07/23/2018
  • Event Date 07/20/2018
  • Party 1 Dr. Khadija Shakir
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Stephen Preuss
  • Party 2 Rudy Quiambo
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Stephen Preuss
notes
The buyer purchased the Jamaica property for $1.9 million.
  • Event Financing
  • Address 92-23 168th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 413,000
  • Price $ 169,800,000
notes
The owner secured a loan of $169.8 million for the Jamaica property.
  • Event Sales
  • Address 114 East 168th Street
  • Neighborhood Concourse
  • Borough Bronx
  • Square feet 70,000
  • Price $ 11,950,000
  • Publication Date 03/13/2018
  • Event Date 03/02/2018
  • Party 1 Walk Realty
  • Party 2 Prana Investments
notes
The buyer acquired the 6-story resi building in Concourse for $11.95 million.
  • Event Financing
  • Address 114 East 168th Street
  • Neighborhood Concourse
  • Borough Bronx
  • Square feet 70,000
  • Price $ 7,250,000
  • Publication Date 03/13/2018
  • Event Date 03/02/2018
  • Party 1 Prana Investments
  • Party 2 Investors Bank
notes
The owner secured a $7.25 million mortgage for the Concourse building.
  • Event Sales
  • Address 105 West 168th Street
  • Neighborhood Highbridge
  • Borough Manhattan
  • Square feet 335,000
  • Price $ 38,000,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Joel Leder
  • Party 2 Spencer Equity
notes
The multifamily property sold for $38 million.
  • Event Sales
  • Address 515 West 168th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 40,185
  • Price $ 18,200,000
notes
The multifamily building was sold for $18.2 million.
  • Event Financing
  • Address 105 West 168th Street
  • Neighborhood Highbridge
  • Borough Brooklyn
  • Square feet 335,500
  • Price $ 26,000,000
notes
The company secured an acquisition loan for the multifamily.
  • Event Sales
  • Address 614 East 168th Street
  • Neighborhood Morrisania
  • Borough Bronx
  • Price $ 1,270,000
notes
The property with four stories, eight residential units, sold for $1.27 million.
  • Event Residential Sales
  • Building Name 8449 168th Street
  • Address Unit 1C, 8449 168th Street
  • Unit 1C
  • Neighborhood Jamaica Hills
  • Borough Queens
  • Price $ 146,000
  • Publication Date 11/27/2013
  • Event Date 11/13/2013
  • Party 1 Qadir, M Mohsin; Qadir, Shahida
  • Party 2 Jafari, Abdolreza
  • Event Residential Sales
  • Building Name 84-49 168th Street
  • Address Unit 11-1A, 84-49 168th Street
  • Unit 11-1A
  • Neighborhood Jamaica Hills
  • Borough Queens
  • Price $ 71,000
  • Publication Date 10/04/2013
  • Event Date 09/24/2013
  • Party 1 Diaz, Michael
  • Party 2 Grillo, Martin
  • Event Residential Sales
  • Building Name 84-49 168th Street
  • Address Unit 1B, 84-49 168th Street
  • Unit 1B
  • Neighborhood Jamaica Hills
  • Borough Queens
  • Price $ 106,500
  • Publication Date 09/30/2013
  • Event Date 09/18/2013
  • Party 1 Repaul, Vicram
  • Party 2 Diaz, Samuel
  • Event Retail Leasing
  • Address 118 West 168th Street
  • Neighborhood Highbridge
  • Borough Bronx
  • Square feet 750
  • Publication Date 07/01/2012
  • Event Date 05/17/2012
  • Party 1 BLDG Management
  • Party 1 Brokerage Besen & Associates
  • Party 1 Broker Matthew Mager, Elliott Dweck
  • Party 2 Lopez Corner Bakery
  • Party 2 Brokerage Besen & Associates
  • Party 2 Broker Matthew Mager, Elliott Dweck
notes
The bakery signed a lease.
  • Event Sales
  • Address 514 West 168th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 4,750
  • Price $ 1,400,000
  • Price per foot $ 294.74
notes
The property sold for $1.4 million, or about $73 per buildable square foot.
  • Event Sales
  • Address 515 West 168th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 40,185
  • Price $ 6,280,000
  • Price per foot $ 156.28
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 515 West 168th LLC
  • Party 1 Brokerage Besen & Associates
  • Party 1 Broker Amit Doshi
  • Party 2 Crp West 168th Street LLC
  • Party 2 Brokerage Besen & Associates
  • Party 2 Broker Shallini Mehra
notes
The elevator building sold for $6.28 million, or $156 per square foot. The price represents a gross rent multiple of 7.2.
  • Event Retail Leasing
  • Address 108 West 168th Street
  • Neighborhood Highbridge
  • Borough Bronx
  • Square feet 1,800
  • Publication Date 07/01/2007
  • Event Date 05/17/2007
  • Party 1 BLDG Management
  • Party 1 Broker Matthew Mager
  • Party 2 168th Superior Market
  • Party 2 Broker Vik Sharma
notes
The tenant took space for a gourmet deli and grocery. It already has one location in Queens.
  • Event Sales
  • Address 166-24 Jamaica Avenue 92-11/47 Merrick Boulevard 92-10/30 168th Street
  • Neighborhood Woodhaven
  • Borough Queens
  • Price $ 75,000,000
  • Publication Date 03/01/2006
  • Event Date 01/15/2006
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Brian Sarath, S, Weiner
  • Party 2 Cerruzzi Holdings, Mattone Group

12/29/2017
You should expect to see some giants rising in the outer boroughs over the next few years. A majority of the largest development projects startedYou should expect to see some giants rising in the outer boroughs over the next few years. A majority of the largest development projects started...

10/01/2014
Katz was the broker for the buyer of a multi-family property at 88-15 168th Street in Jamaica, which traded for $27.4 million in March...