10430 Jamaica AveQueens, NY 11418

For Sale
$1,450,000

10 Units + Retail, Shovel Ready

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Queens, NY development opportunity presents a shovel-ready 3,084 sq ft lot at 10430 Jamaica Ave, zoned R6A and C2-4. Approved plans exist for a mixed-use building encompassing ten residential units and over 1,000 sq ft of ground-floor commercial space. The 31.5 ft x 100 ft lot offers significant potential, with zoning allowing for a building up to 9,252 sq ft. A key advantage is the complete waiver of parking requirements, maximizing buildable space and project flexibility. Located in Richmond Hill, this property benefits from its proximity to the 104th Street J/Z subway station, just two blocks away, ensuring excellent accessibility. The asking price is $1,450,000. The property is currently vacant and ready for immediate development. Furthermore, the adjacent property is under the same ownership, facilitating streamlined development processes and potential for expansion. This presents a rare chance to capitalize on a prime location and approved plans in a thriving market.

Highlights

  • Prime development site, two blocks from the 104th Street J/Z subway.
  • 3,084.46 sq. ft. vacant lot (31.5 ft x 100 ft).
  • R6A, C2-4 zoning allows up to 9,252 sq. ft. residential building.
  • Approved plans for a 10-unit residential building with over 1,000 sq. ft. of ground-floor commercial space.
  • Zoning permits full parking waiver.
  • Adjacent property owned by the same entity, facilitating development.

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.695196029412
Longitude
-73.842347542905
10430 Jamaica Ave, Queens, New York

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10430 Jamaica Ave
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