14812 97th Avenue, Jamaica, NY 11435
- $1,295,000
- List Price
- $1,295,000
- MLS#
- 1024598
- Status
- ACTIVE
- Lot Size
- 2500
Property Description
DEVELOPMENT SITE — R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2,500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15,050 BSF as-of-right (6.02 FAR) or up to 18,000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16,250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1,800 SF, built 1925), delivered in place — ideal for land banking, assemblage, or immediate development filing. Approx. 13,250 SF of unused as-of-right development rights. Steps from the Sutphin Blvd–Archer Ave hub: LIRR, E/J/Z subway & JFK AirTrain. Priced at $86/BSF as-of-right, $72/BSF with UAP — below recent guidance on nearby institutional assemblages. Block 10033, Lot 6. All zoning figures are estimates; buyer to verify with own architect and zoning counsel. Featured Commercial Sales.
/u.realgeeks.media/harmonyhomesrealtyny/Harmonyhome_rec_logo.png){kind=logo}
Additional Information
- School District
- Queens 28
- Total Taxes
- 5267
- Sewer
- Public Sewer
- Taxes
- $5,267
Mortgage Calculator
Listing courtesy of Listing Agent: Dillon D. DePinto (dillon@nyspacefinders.com) from Listing Office: NY Space Finders Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.