Prime Development Opportunity Available with Approved Plans! A rare shovel-ready investment property situated on a 40' x 100' lot in the heart of Jamaica Hills, Queens. This property offers the opportunity to build approximately 3,000 square feet of living space (1,500 sq. ft. on the first floor, 1,500 sq. ft. on the second floor), plus a high-ceilinged basement and additional attic space, creating great value for investors, developers, builders, or end-users seeking a custom project. Location! Location!! Location!!! Steps away from Grand Central Pkwy & St. John's University, minutes from transportation, schools, shopping, dining, and community amenities. Whether you're looking to develop a spacious multi-level residence, maximize rental potential, or capitalize on Jamaica's continued growth and demand, this property offers the ideal combination of location, approvals, and future upside. Opportunities like this are becoming increasingly difficult to find. Secure your next successful project today!
| MLS # | 1044033 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 18 |
| Listing Provided By | Exit Realty Prime | Shadman Zaman |
| SQ Feet | 3,000 |
|---|---|
| Acreage | 0.09 |
| Cooling | None |
|---|---|
| Heating | None, Other |
| Interior Features | Other |
| Appliances | Other |
| Construction Materials | Frame |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 58320 |
| Tax Annual Amount | 7772.2 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica Hills |
| Zip Code | 11432 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11432) | |
Price: $949,000 low | high Med: $327,450 sqft: 3,000 low | high Med: 823 $ / sqft: $316 low | high Med: $418 On site: 18 low | high Med: 474.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica Hills |
| Zip Code | 11432 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11432) | |
Price: $949,000 low | high Med: $327,450 sqft: 3,000 low | high Med: 823 $ / sqft: $316 low | high Med: $418 On site: 18 low | high Med: 474.5 | |