$15,000,000
 $80,523 est/mo Sourced by Back At You

89-02 171st Street,Jamaica, NY 11432

Jamaica, NY 11432

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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.

Details

MLS #1060997
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site32
Listing Provided ByGreene Realty Group | Derek J. Greene

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,584
BasementY
Acreage0.05

Interior

CoolingNone
HeatingNone, Other
Interior FeaturesOther
AppliancesDryer, Gas Cooktop, Washer, Gas Water Heater

Exterior

Construction MaterialsOther
Foundation DetailsOther

Parking

Garage Yes / NoNo
Parking FeaturesOn Street

Utilities

UtilitiesNone
SewerNone

Taxes

Tax Year2026
Tax Annual Amount5778

Area Information

StateNY
CountyQueens
CityJamaica
Zip Code11432
School DistrictCambria Heights Academy
Elementary SchoolPs 95 Eastwood
High SchoolCambria Heights Academy
Listing VS Median (in 11432)
Price:
$15,000,000
low | high
Med:
$322,000
100% of Average
sqft:
1,584
low | high
Med:
947
90.214646464646% of Average
$ / sqft:
$9,470
low | high
Med:
$341
100% of Average
On site:
32
low | high
Med:
455.5
7.025246981339% of Average
Sourced by Back At You

Market Activity 11432

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Contact

Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyQueens
CityJamaica
Zip Code11432
School DistrictCambria Heights Academy
Elementary SchoolPs 95 Eastwood
High SchoolCambria Heights Academy
Listing VS Median (in 11432)
Price:
$15,000,000
low | high
Med:
$322,000
100% of Average
sqft:
1,584
low | high
Med:
947
90.214646464646% of Average
$ / sqft:
$9,470
low | high
Med:
$341
100% of Average
On site:
32
low | high
Med:
455.5
7.025246981339% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 4:13:10 AM PDT
Gregory Kyroglou
(917) 916-6776
Astoria
29-20 23rd Ave
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York