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Shoshani Family Acquires Retail Office Property At 166-14 Jamaica Avenue For $2.5M

Property Image
SOLD
$2,500,000
Jonathan Squires
Dylan Walsh
+ 1

New York

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Retail7,740 SF
Sold 11/25/2025
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Property Image
SOLD

Shoshani Family Acquires Retail Office Property At 166-14 Jamaica Avenue For $2.5M

166 14 Jamaica Avenue

See Similar Deals
Retail7,740 SF
Sold 11/25/2025
Jonathan Squires
Dylan Walsh
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$323
Total Square Footage:7,740 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 166-14 Jamaica Avenue in the Jamaica market. It is classified as a Retail/Office asset with a total square footage of 7,740 and a building size factor of 20,950. The sale price for this property was set at $2,500,000, translating to a price per square foot of $322 and a price per building size factor of $119.

Summary of transaction details:

  • Property Type: Retail/Office
  • Transaction Amount: $2,500,000
  • Address: 166-14 Jamaica Avenue
  • Market: Jamaica
  • Square Footage: 7,740
  • Price per Square Foot: $322
  • Building Size Factor: 20,950
  • Price per Building Size Factor: $119
  • Buyer: Shoshani Family
  • Brokers: Dylan Walsh, Austin Weiner & Jonathan Squires - Cushman & Wakefield

The deal involved the Shoshani Family as the buyer, with representation provided by brokers Dylan Walsh, Austin Weiner, and Jonathan Squires from Cushman & Wakefield. Their collaboration facilitated the successful closure of this transaction.

Players

Andrew Berry
33 deals$410.9M volume
BROKER

Jonathan Squires
Cushman & Wakefield
93 deals$712.3M volume(917) 445-0022
BROKER

Dylan Walsh
Cushman & Wakefield
72 deals$582.7M volume(917) 887-5441
BROKER

Austin Weiner
Cushman & Wakefield
37 deals$281.6M volume
BROKER

Details

SOLD
IMAGE: Dylan Walsh, Austin Weiner & Jonathan Squires DATE: 11/25/2025 ADDRESS: 166-14 Jamaica Avenue MARKET: Jamaica ASSET TYPE: Retail/Office BUYER: Shoshani Family BROKERS: Dylan Walsh (@DylWalCRE), Austin Weiner (@AustinWeiner) & Jonathan Squires - Cushman & Wakefield (@CushWake) SALE PRICE: $2,500,000 SF: 7,740 ~ PPSF: $322 BSF: 20,950 ~ PPBSF: $119

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31