Water Front Luxury Realty

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$2,150,000
108 Days On Site

88-29 163rd Street
Jamaica, NY 11432

For Sale|Land|Active
County:
Queens
Listing courtesy of Daniel Gale Sothebys Intl Rlty abrahamkanfer@danielgale.com

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987-456-3210
88-29 163rd Street88-29 163rd Street88-29 163rd Street88-29 163rd Street
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Monthly Payment (Est.)

$9,809
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Prime Development Site - Ready to Build! This exceptional 33 x 86 ft. lot presents a rare opportunity for developers. With plans in place and permits already secured, this project is shovel-ready and poised for immediate construction. Key Highlights: • Approved Plans & Permits: Skip the lengthy approval process – this site is ready to build! • 33-Year Tax Abatement Filed: Benefit from significant long-term tax savings. • R7 Zoning: Allows for an eight-story building. • Parking Waived: Reduces construction costs and maximizes buildable area. • Soil Tests Completed: Ensures a solid foundation for your project. • High FAR (12,000 approx.): Potential to build approximately 20 units. • Ideal Location: Located in the Heart of Jamaica. Close to public transportation, schools restaurants and shopping. Just off of Hillside Ave. Investment Potential: This property offers an excellent opportunity to capitalize on the growing demand for housing in this desirable area. The combination of approved plans, a long-term tax abatement, and a prime location makes this a exceptional investment with long term appreciation in sight considering the improvements and development going on in this area. Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Listing Snapshot
Price 
$2,150,000
Days On Site 
108 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
N/A
MLS® Number 
823467
Status 
Active
Property Tax 
$7,231.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing first seen on site
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.07
Additional Property Use 
Multi-Family
Cross Street 
Hillside Ave
Sewer 
Public Sewer
Utilities 
Electricity AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
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Community Features
School District 
Queens 28
Schools
School District
Queens 28
Elementary School
Ps 86
Middle School
Jhs 217 Robert A Van Wyck
High School
Hillcrest High School
Listing courtesy of Daniel Gale Sothebys Intl Rlty abrahamkanfer@danielgale.com


Based on information submitted to the MLS GRID as of 2025-06-08 05:50 AM EDT. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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