DEVELOPMENT SITE - R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2,500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15,050 BSF as-of-right (6.02 FAR) or up to 18,000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16,250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1,800 SF, built 1925), delivered in place - ideal for land banking, assemblage, or immediate development filing. Approx. 13,250 SF of unused as-of-right development rights. Steps from the Sutphin Blvd-Archer Ave hub: LIRR, E/J/Z subway & JFK AirTrain. Priced at $86/BSF as-of-right, $72/BSF with UAP - below recent guidance on nearby institutional assemblages. Block 10033, Lot 6. All zoning figures are estimates; buyer to verify with own architect and zoning counsel.
Estimated Payment
$ 7,364.85 per month $6,548.22 Principal & Interest $438.92 Property Tax $377.71 Homeowner's InsuranceListing By
Agency Name: NY Space Finders Inc
Agency Contact: 718-440-8162
Shown By
Agent Name: Sonia Romanelli
Agent Phone: Cell: (631) 624-1485
Agency Title: Coldwell Banker American Homes
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14812 97th Avenue | MLS# 1024598
This land located at 14812 97th Avenue , Jamaica, NY 11435 is currently listed for sale with an asking price of $1,295,000. The property has approximately 0.06 Acres. 97th Avenue is located within the Queens 28 school district. Search Jamaica real estate on soniaromanelli.cbamhomes.com today.