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

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SOLD
$2,500,000

New York

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Retail2,000 SF
Sold 10/17/2025
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SOLD

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

166 19 Jamaica Avenue

See Similar Deals
Retail2,000 SF
Sold 10/17/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,250
Total Square Footage:2,000 SF
Transaction Type:Sale

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.

Players

Jeff Sutton
56 deals$5.5B volume
SELLER


Wharton Properties
SELLER

Details

SOLD
IMAGE: Jeff Sutton DATE: 10/17/2025 ADDRESS: 166-19 Jamaica Avenue MARKET: Jamaica, Queens ASSET TYPE: Retail SELLER: Jeff Sutton - Wharton Properties & Peter Botsaris - Botsaris Morris Realty Group SALE PRICE: $2,500,000 BSF: 12,040 ~ PPBSF: $208 SF: 2,000 ~ PPSF: $1,250 NOTE: A 2,000-square-foot retail building at 166-19 Jamaica Avenue in Queens sold for $2.5 million, with plans for owner occupancy. The deal, closed Oct. 17, follows Wharton’s affiliate acquiring a $3.75 million note on the same property earlier this year.

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