14613 Archer Ave - Intersection of Archer & Sutphin- 38,223 ZFA 0.1 Acres of Commercial Land Offered at $3,950,000 in Jamaica, NY 11435

146-13/17 Archer Avenue presents a rare opportunity to acquire a transit-oriented asset with immediate income potential and substantial long-term development upside in the heart of Downtown Jamaica. Located directly across from the Jamaica LIRR, AirTrain, and E/J/Z Subway lines, the property offers unmatched connectivity amid
sustained public investment in one of New York City’s fastest-growing submarkets. Positioned on a major Pedestrian Plaza underway at Archer Avenue and Sutphin Boulevard, the site anchors a district being reimagined for walkability, public space, and seamless transit integration. Spanning 4,424 SF across two tax lots, the property is zoned C6-2 within the Downtown Jamaica Subdistrict, currently allowing up to 38,223 buildable SF under the Universal Affordability Preference (UAP). A proposed rezoning pursuant
to the newly certified Jamaica Neighborhood Plan, which is currently moving through the ULURP process, would further enhance the site’s development potential by increasing the zoning to C6-4 allowing up to 53,088 buildable SF. Additionally, the property sits within a Federal Opportunity Zone and stands to benefit from the "City of Yes" initiative, making it ideally positioned for a Mixed-Use Development Project. Delivered vacant, it also supports a projected net operating income of $215,000 upon lease-up, offering a compelling blend of current income and premier development opportunity.