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Investment Highlights

  • Corner Development Site | ~260’ of Wraparound Frontage
  • Exceptional Transit Access
  • ~118,000 Residential ZFA | C4-4D (R8A) Zoning
  • Delivered Vacant

Executive Summary

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale or ground lease of 89-16/26 168TH STREET — a ~16,400 square foot corner lot at the northwest corner of 90th Avenue and 168th Street in JAMAICA, QUEENS. (the ‘Property’).
The site is zoned C4-4D (R8A) within the Special Downtown Jamaica District and is designated as a Mandatory Inclusionary Housing area (Option 1 and Option 3), permitting approximately 118,000 SF of residential zoning floor. The property, owned and occupied by St. Stephen’s Episcopal Church, will be delivered vacant at closing.
The site is located next to the Queens Public Library Jamaica Branch and just one block away from the new facility for the Queens High School for the Sciences, which will relocate to 165-18 Hillside Avenue starting in September 2026. This change demonstrates a significant investment in the local community.
89-19 168th Street is located just three blocks from the F train station at Hillside Avenue, providing easy access to the LIRR’s Jamaica Station and the AirTrain to JFK Airport - situated in one of the most transit-connected neighborhoods in Queens. Enhancing Jamaica’s development appeal, the Jamaica Neighborhood Plan [approved by the City Council in October 2025] rezoned approximately 230 blocks in Southeast Queens, highlighting ongoing public and private investments in the area.
For more information or to arrange for a property inspection, contact the exclusive brokers.

Property Facts

Price $11,750,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.38 AC

1 Lot Available

Lot

Price $11,750,000
Price Per AC $31,302,698.43
Lot Size 0.38 AC
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 41398814

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 8916 168th St, Jamaica, NY 11432

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