Speedway Sells Retail Property At 148-27 Liberty Avenue Jamaica For $3.3M With Solly Dweck
148-27 Liberty Avenue
$3,300,000
$11,000/SF
Building Size
300 SF
Asset Type
Retail
Closing
May 28, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 148-27 Liberty Avenue in the Jamaica market. The sale price for the asset was $3,300,000, which encompasses a total square footage of 300, translating to a price per square foot of $11,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 148-27 Liberty Avenue
- Market: Jamaica
- Square Footage: 300
- Price per Square Foot: $11,000
- Seller: Speedway
- Broker: Solly Dweck - Encore NYC
- Date of Sale: 5/29/2026
Solly Dweck represented the seller, Speedway, in this transaction. The deal was successfully closed, with Dweck expressing pride in facilitating the agreement and congratulating all parties involved.
On the Map
$3,300,000
$11,000/SF
Retail
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Players
Jamaica Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93