89-02 171st Street, Jamaica, NY 11432
Queens County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1920
Living Area
1,584 sq ft
Lot Size
2,200 sq ft
Lot Dimensions
22x100
Days on Market
713
MLS® Listing#
L3544396
Property Features
Appliances
Cooling
Heating
Basement
Parking
Lot Features
Construction
Sewer
Water Source
Rooms
- Bathroom 1First
- Bathroom 2Second
- Bedroom 1Second
- Bedroom 2Second
- Bedroom 3Second
- Dining RoomFirst
- KitchenFirst
- Living RoomFirst
- OfficeFirst
Schools
- Elementary:
- Ps 95 Eastwood
- Middle:
- Is 238 Susan B Anthony Academy
- High:
- Cambria Heights Academy
Financial Details
Annual Taxes
$5,720
Assessed Value
$28,481
Parcel Number
09805-0055
Directions
Corner of 89th Avenue and 171st Street
Affordability Calculator
$3,000,000
Estimated monthly payment
$79,836/mo
Principal $12,000,000 · Est. interest $16,741,068 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Jamaica, NY
- $907,547
- Median Listing Price
- 54
- Median Days on Market
- 1,584
- Median Sq Ft
- $550
- Median Price / Sq Ft
- 311
- Active Listings
- This home’s price is 1553% above the area median.
- Its price per sq ft is 1621% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Jamaica, NY.
Location
Points of Interest in Jamaica, NY
Showing the Jamaica area map.
Nearby Schools
Instituto Bíblico
School · 0.2 mi away
Icna
School · 0.2 mi away
Zeta Queens Jamaica Elementary School
Elementary · 0.2 mi away
The Mary Louis Academy
School · 0.3 mi away
P. S. /I. S 268q
Elementary · 0.3 mi away
P. S 095 Eastwood
Elementary · 0.4 mi away
Ideal Montessori School
Elementary · 0.4 mi away
M. S. 358 the Magnet School of Steam Exploration and Experiential Learning
Secondary · 0.4 mi away
The Riverview School
School · 0.4 mi away
PS 349
Elementary · 0.4 mi away
Queens Satellite High School for Opportunity
Secondary · 0.5 mi away
Pathways To Graduation- Queens Hub
School · 0.5 mi away
Immaculate Conception Catholic Academy
Elementary · 0.5 mi away
Queens Collegiate
Secondary · 0.5 mi away
Jamaica Gateway To the Sciences
Secondary · 0.5 mi away
P. S. 131 Abigail Adams
Elementary · 0.5 mi away
New Dawn Charter High School II
Secondary · 0.6 mi away
I. S 238 - Susan B Anthony Academy
School · 0.6 mi away
NYC Department of Education
School · 0.6 mi away
Hillcrest High School
Secondary · 0.6 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Jamaica
Listing Courtesy: Karten Real Estate Svcs LLC - 9175022635
Presented by: Mark Karten PSA SRS
Fair Housing Notice