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Investment Highlights

  • Exceptional pedestrian activity with a walkability score of 100, complemented by world-class public transit access for future occupants and visitors.
  • Proximity to multiple major transportation nodes, including subway and bus lines, ensuring streamlined access to JFK Airport and Manhattan.

Executive Summary

Located in the heart of Downtown Jamaica, this cleared 3,750 SF parcel at 15310 89th Avenue presents a rare, transit-oriented development opportunity. The site is delivered with approved plans, minimizing lead time and enabling a seamless path to construction. Its position between Jamaica Avenue and Hillside Avenue provides outstanding visibility and connectivity, one block from Parsons Boulevard and moments from the area’s vibrant retail and residential corridors.
The property benefits from exceptional public transit access, including subway lines, bus routes, and connections to the Long Island Rail Road, placing JFK Airport and Midtown Manhattan within easy reach. Neighborhood amenities feature national and local retailers, diverse dining options, and essential services that support high-traffic activity and sustained demand.
Downtown Jamaica is undergoing significant mixed-use growth alongside strong commuter activity, creating a dynamic environment for residential or commercial development.

Property Facts

Price $2,999,999
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.09 AC
Year Built 1910
Opportunity Zone Yes
Zoning R7A - R7A allows medium-density, mid-rise residential development with contextual design, typically 5–8 stories and limited commercial use in NYC.

1 Lot Available

Lot

Price $2,999,999
Price Per AC $34,848,050.83
Lot Size 0.09 AC

Vacant land for sale with approved plans.

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
09755-0015
Land Assessment
$199,710
Improvements Assessment
$0
Total Assessment
$199,710
  • Listing ID: 30402610

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 15310 89th Ave, Jamaica, NY 11432

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