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147-16 94th Avenue Queens NY 11435
Jamaica, NY 11435

Block-Through Development Site · Land For Sale · 0.23 AC

Investment Highlights

  • Block-through development site in Jamaica, Queens.
  • Property is located steps away from the Jamaica Transportation hub with direct access to JFK Airport, [E,J,Z] and LIRR.
  • Property consists of 100,000 buildable square feet as of right and up to 120,000 BSF with Inclusionary.
  • Flex zoning allows for residential, mixed use or commercial/office development.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.23 AC

Description

Prime Location: Discover an exceptional investment opportunity in the heart of Downtown Jamaica, Queens. This vacant 10,000-square-foot lot is strategically positioned to benefit from the vibrant energy of the area, making it an attractive choice for savvy investors. Urban Oasis: Amidst the hustle and bustle of the city, this vacant lot offers a rare opportunity to create your vision in the urban landscape. Downtown Jamaica's dynamic atmosphere, diverse culture, and accessibility to transit hubs ensure a thriving community for your future development. Endless Possibilities: With 10,000 square feet at your disposal, the potential for this lot is limitless. Whether you envision a residential complex, a commercial hub, mixed-use development, or a community-centric project, this expansive canvas can accommodate your aspirations. Flexible Zoning: The property's zoning, [C6-4, DJ], provides flexibility for various development options. This zoning classification enables you to explore a range of creative projects, aligning with market demand and maximizing returns on your investment. This site also falls under the Qualified Opportunity Zone. Transit Hub: Downtown Jamaica is a major transportation hub, with subway, bus, Long Island Railroad, and Air Train connections. This prime location offers residents, employees, and visitors convenient access to transportation networks, enhancing the property's appeal. Retail Potential: Downtown Jamaica is a thriving commercial district, and your development could cater to the demand for retail and commercial spaces in the area. Capture the attention of local businesses and entrepreneurs seeking a bustling location. Community Revitalization: Be a part of the transformation of Downtown Jamaica, contributing to the ongoing revitalization efforts. Your investment not only has the potential for financial gain but also the chance to shape the future of this dynamic community. There are approximately 1,000 new units coming within the immediate area which can fulfill the city's need for more housing. Value Appreciation: Downtown Jamaica has experienced steady property value growth, and this trend is poised to continue. Secure your investment now to capitalize on the area's evolving real estate landscape.

zoning

Zoning Code C6-4, DJ
C6-4, DJ
  • Listing ID: 29443684

  • Date on Market: 9/5/2023

  • Last Updated:

  • Address: 147-16 94th Avenue Queens NY 11435, Jamaica, NY 11435

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