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Executive Summary

89-71 164th Street – Approved Hotel Development Opportunity | Jamaica, Queens
Prime development opportunity at 89-71 164th Street, offered with approved plans for approximately 30,000 square feet of hotel development. This shovel-ready project allows a developer to move forward immediately with a fully entitled hospitality asset in one of Queens’ most active and growing corridors.
The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square feet, helping streamline construction and maximize usability.
Situated in the heart of Jamaica, Queens, the property benefits from strong proximity to major transportation, including the LIRR, AirTrain to JFK, and multiple subway lines, as well as the Jamaica Avenue retail corridor and surrounding commercial activity.
Property Details:
Approx. 9,800 SF lot (per plot plan)
Approved ~30,000 SF hotel development
Approx. 6,000 SF floor plates
Located in a C6-2 zoning district
Investment Highlights:
Shovel-ready with approved plans
Prime transit-oriented location near JFK Airport
Strong demand drivers from retail, commercial, and institutional uses
Efficient building layout for hotel or hospitality use
Disclaimer
All square footage, zoning, and development information is approximate and subject to independent verification by purchaser.

Property Facts

Price $8,500,000
Price Per Room $108,974
Sale Type Investment
Sale Condition Building in Shell Condition
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.14 AC
Construction Status Final Planning
Building Size 39,000 SF
No. Rooms 78
No. Stories 5
Year Built 2027
Corridor Interior
Opportunity Zone Yes
Zoning C4-5X

Amenities

  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 78 $257.00 -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
09794-0025
Land Assessment
$383,400
Improvements Assessment
$1,510,650
Total Assessment
$1,894,050
  • Listing ID: 39355464

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 89-71 164th Street, Queens, NY 11432

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