Amaijit Kaur plans 4-unit building with retail, medical in Jamaica

Amaijit Kaur submitted a new building construction project for a four-unit, 9,107 square-foot residential (R-2) building at 138-12 101st Avenue in Jamaica, Queens. The plan was filed with the New York City Department of Buildings on November 21, 2022 under job number Q08027338. It calls for the construction of a three-story building. The project is described in the filing as: proposed three-story mixed use building. The architect is Michael Kang Architect P.C.

The plans calls for retail, a lobby and parking on the ground floor, an ambulatory diagnostic facility on the second floor, a single apartment on the third floor and three apartments on the fourth floor.

The property

The vacant lot has frontage of 50 feet and is 100 feet deep with a total lot size of 5,000 square feet. The zoning is R5 which allows for up to 1.25 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $570,000.

Prior sales and revenue

This property was sold for $800,000 on December 30, 2019.

The 4,700-square-foot property generated revenue of $102,315 or $22 per square foot, according to the most recent income and expense figures.

Violations and lawsuits

According to city public data, the property has received two DOB violations in the last year.

There were no lawsuits or bankruptcies filed against the property for the past 24 months.

The neighborhood

In Jamaica, The bulk, or 29 percent of the 27.3 million square feet of commercial built space are elevator buildings, with specialty buildings next occupying 15 percent of the space. In sales, Jamaica has near average sales volume among other neighborhoods with $359.3 million in sales volume in the last two years and is the 5th highest in Queens. For development, Jamaica has near average amount of major developments among other neighborhoods and is the 4th highest in Queens. It had 3.2 million square feet of commercial and multi-family construction under development in the last two years, which represents 12 percent of the neighborhood’s built space.

The block

On the tax block, there were two new building construction projects totaling 12,857 square feet. The largest is a four-unit, 9,107 square-foot residential (R-2) building submitted by Amaijit Kaur and filed by Amaijit Kaur with plans filed November 21, 2022 and it has not been permitted yet. The second largest is a two-unit, 3,750 square-foot mercantile (M) building submitted by Lakwinder Multani with plans filed April 3, 2013 and it has not been permitted yet.

The surrounding

This is the first commercial real estate event of interest identified within the 400-foot radius of 138-12 101 Avenue in the past 24 months.

Direct link to the property’s ACRIS page and link to DOB NOW portal.