Skip to content
NewLuxury

$15,000,000

1,584 sqft$9,470/sqft7 days on market

89-02 171st Street

Jamaica, NY 11432

· 8% down, 7% APR, 30yr fixed

3

Beds

2

Baths

1,584

Square feet

1920

Built

Listing narrative

Description

We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood. Property Highlights: Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development. Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments. Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area. Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.

Listing agent (MLS): Derek J. Greene · Listing brokerage (MLS): Greene Realty Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$15,000,000

Beds

3 bd

Type

House

Home Size

1,584 sqft

Baths

2

Lot Size

2,178 sqft

Year

1920

Status

New

Days on Market

7

$ / Sqft

$9,470

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Greene Realty Group