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153-33 89th Ave, Queens, NY 11432

$5,600,000
Listing Details:
$5,600,000 Price
Townhouse Property Type
Jamaica Estates Neighborhood
-- Beds
0 Baths
-- Approx. Sq. Ft.
$1,029 RET
Key Features:
Unit Garden
Description:

Corcoran has been retained on an exclusive basis to market 153-33 89th Avenue, in Jamaica, Queens.Currently used for parking, 153-33 89th Avenue is a vacant lot in the heart of downtown Jamaica, near major transportation hubs, shopping, restaurants, and parks. This double-wide development site offers 50 feet of frontage along 89th Avenue and a depth of 115 feet.R7A zoning allows for 23,000 sq ft buildable, however, 153-33 89th Street includes 43,196 sf of development rights from an adjoining property (88-22 Parsons Blvd). Using these additional air rights the current owner was able to create plans for a 36,915 sq ft residential development that includes a 2,433 sq ft community space. These plans will be provided to the buyer. Development sites as prime as this are few and far between. 50ft x 115ft lot | 5,750st | FAR 4.0 23,000sf buildable | R7A, DJ zoning Additional 43,196sf of air rights from 88-22 Parsons Blvd Plans for 36,915ft development included Nearby Transportation: E/J/Z/F trains, LIRR, AirTrain

Listing courtesy of The Corcoran Group

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