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$ 1,295,000
Est. payment /mo
Active
14812 97th AVE Jamaica, NY 11435
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1024598
Rental Info No
Annual Tax Amount $5,267
Lot Size 2,500 Sqft
Acres 0.0574
Source onekey2
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.
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Location
State NY
County Queens
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Ps 50 Talfourd Lawn Elementary Sch
Middle Schools Hillcrest High School
High Schools Queens 28
School District Queens 28
Others
Senior Community No
Special Listing Condition None

Listed by NY Space Finders Inc • Dillon D. DePinto
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