92-30 165th St
Jamaica, NY 11433
Archer Square · Land For Sale
·
1.78 AC
Investment Highlights
- Size & Scale - 600,000+ ZFA Development Site
- Transit Oriented Development - Short Walk to Jamaica Center Station (E, J, Z subways)
- Rare Footprint & Frontage - 78,000 SF Lot, 1.8-acres
Property Facts
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 1.78 AC |
| Zoning | C6-2, R* - Potential zoning floor area of +/- ~504,000 SF as-of-right or +/-604,000 through the Universal Affordability Preference (UAP). | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.78 AC |
| Zoning | C6-2, R* - Potential zoning floor area of +/- ~504,000 SF as-of-right or +/-604,000 through the Universal Affordability Preference (UAP). |
Description
The Property is currently operating as a multi-level parking garage and is situated on a ~1.8-acre (~78,000 SF) parcel with over 575’ of wraparound frontage along Archer Avenue & 165th Street. The Proper ty sits in C6-2 zoning with an R8 equivalency, within the Special Downtown Jamaica District, with a potential zoning floor area of +/- ~504,000 SF as-of-right or +/-604,000 through the Universal Affordability Preference (UAP). The scale and footprint of the Property allow for several rare benefits in a new development. In an emerging area like Downtown Jamaica, there is a demand for new construction residential residences, professional space, and retail. Unlike other neighborhoods in Queens which are at capacity in terms of growth, Jamaica is in a place where it not only has the demand but the economic drivers to facilitate that growth and improve quality of life.
Property Taxes
| Parcel Number | 10151-0039 | Improvements Assessment | $3,333,600 |
| Land Assessment | $900,000 | Total Assessment | $4,233,600 |
Property Taxes
