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Investment Highlights

  • Fully Approved DOB Plans Included
  • Approx 2619 SF Approved Building Area
  • Prime Corner Development Site

Executive Summary

Approved mixed-use development site offered with fully approved DOB plans for a new 3-story mixed-use building featuring ground-floor commercial retail and two residential units above. Prime corner location on Hillside Avenue in Richmond Hill, Queens. Approx. 2,619 SF proposed building area. Ideal opportunity for investor, developer, or owner-user. Shovel-ready project with strong projected rental income potential.

Property Facts

Price $1,149,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Planned Unit Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.02 AC

1 Lot Available

Lot

Price $1,149,000
Price Per AC $57,450,000.00
Lot Size 0.02 AC

Prime corner development site located at the intersection of Hillside Avenue and 130th Street in Richmond Hill, Queens. Fully approved mixed-use development opportunity with excellent visibility, strong traffic exposure, and convenient access to majo

Description

Prime approved mixed-use development opportunity located at 86-04 130th Street in Richmond Hill, Queens. The property is being offered with fully approved DOB plans for a new 3-story mixed-use building consisting of ground-floor commercial retail space with two residential units above plus cellar storage/MEP space. The approved plans allow for approximately 2,619 SF of proposed building area on a high-visibility corner lot situated along the Hillside Avenue corridor. Ideal for investors, developers, end-users, or 1031 exchange buyers seeking a shovel-ready project in a strong rental and commercial market. Property highlights include approved plans, mixed-use configuration, corner exposure, excellent visibility, strong projected rental income potential, and immediate development capability without the lengthy NYC approval process. Proposed Layout: • Cellar – MEP / Storage • First Floor – Commercial Retail • Second Floor – Residential Unit • Third Floor – Residential Unit Excellent opportunity for long-term hold, owner-user occupancy, or new construction resale investment.

Very walkable
80/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 40768051

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 8604 130th St, Richmond Hill, NY 11418

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