Jeff Sutton Of Wharton Properties And Peter Botsaris Of Botsaris Morris Realty Group Sell Retail Building In Jamaica For $2.5M

A retail building located at 166-19 Jamaica Avenue in Jamaica, Queens has been sold for $2,500,000. The property encompasses a total of 2,000 square feet, resulting in a price per square foot of $1,250. The deal reflects a negotiated price per building square foot of $208. Plans for the acquired property involve owner occupancy.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,500,000
• Building Square Footage: 2,000
• Price Per Square Foot: $1,250
• Address: 166-19 Jamaica Avenue
• Market: Jamaica, Queens
• Building Size: 12,040
• Price Per Building Square Foot: $208

The sellers of the property are Jeff Sutton from Wharton Properties and Peter Botsaris from Botsaris Morris Realty Group. This transaction was finalized on October 17, 2025, and is notable as it follows Wharton’s affiliate previously acquiring a $3.75 million note on the same property earlier this year.