Mixed use land for development

Jamaica | 172nd Street and 173rd Street

SOLD
 
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Price:
$1,599,000
Type:
Common Charges:
Real Estate Taxes:
Condo
$500
$1,000
Bedrooms:
Bathrooms:
Size:
0
1
7,656
Web ID:
Status:
51379
SOLD
 

Description

Great investment in Queens. - Mixed use land commercial & residential. The land has been demolished an ready for architect plans. - Build up to 2 floors commercials and additional 7 floors residential. -The subject property is a 59' x 132' development site located at 172-16 (Block 10213, Lot 7) in downtown Jamaica Queens. The single vacant lot is zoned R6A/C2, except for 32' at the rear of the lot which is zoned R5 (FAR 1.25). The subject property would give a developer the opportunity to develop a building with a maximum height of 70' (30' R5) and a buildable area of approximately 24,380 square feet (17,400 R6A; 2,320 R5). The subject property fronts 59' on Jamaica Avenue, a major commercial thoroughfare, and is a few blocks from the 165th Street bus depot, the 169th Street F-train, the recently completed Home Depot, the site of a major NYCEDC proposed development, and many other short-term and long-term planned developments.^Lot Size (SF) 7,656 Lot Size (Acres) 0.1761 Price/Acre $10,789,324 Buildable SF 24,380 Lot Dimensions 58' x 132' Type of Ownership Fee Simple^Assessor's Parcel Number 10213-0007 Zoning : R6A/C2; R5 Taxes : $11,977.68 Tax Year : 2013 Frontage 59' on Jamaica Avenue^
Great investment in Queens.

- Mixed use land commercial & residential.
The land has been demolished an ready for architect plans.

- Build up to 2 floors commercials and additional 7 floors residential.

-The subject property is a 59' x 132' development site located at 172-16
(Block 10213, Lot 7) in downtown Jamaica Queens.
The single vacant lot is zoned R6A/C2, except for 32' at the rear of the lot which is zoned R5 (FAR 1.25).
The subject property would give a developer the opportunity to
develop a building with a maximum height of 70' (30' R5) and a
buildable area of approximately 24,380 square feet (17,400 R6A; 2,320
R5).
The subject property fronts 59' on Jamaica Avenue, a major commercial
thoroughfare, and is a few blocks from the 165th Street bus depot, the
169th Street F-train, the recently completed Home Depot, the site of a
major NYCEDC proposed development, and many other short-term
and long-term planned developments.
Lot Size (SF) 7,656

Lot Size (Acres) 0.1761
Price/Acre $10,789,324
Buildable SF 24,380

Lot Dimensions 58' x 132'
Type of Ownership Fee Simple
Assessor's Parcel Number 10213-0007
Zoning : R6A/C2; R5
Taxes : $11,977.68
Tax Year : 2013

Frontage 59' on Jamaica Avenue
Listing Content Provided By: Keller Williams NYC
 

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Listing ID #51379
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