8971 164th Street, Jamaica, NY 11432

$8,500,000

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List Price
$8,500,000
Price Change
▼ $450,000 1774503484
MLS#
957832
Status
ACTIVE
Lot Size
6035

Property Description

89-71 164th Street – Approved Hotel Development Opportunity | Jamaica, Queens Prime development opportunity at 89-71 164th Street, offered with approved plans for approximately 30,000 square feet of hotel development. This shovel-ready project allows a developer to move forward immediately with a fully entitled hospitality asset in one of Queens’ most active and growing corridors. The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square feet, helping streamline construction and maximize usability. Situated in the heart of Jamaica, Queens, the property benefits from strong proximity to major transportation, including the LIRR, AirTrain to JFK, and multiple subway lines, as well as the Jamaica Avenue retail corridor and surrounding commercial activity.

Additional Information

Year Built
1951
Total Taxes
233887
Heating
Other
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$233,887

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Listing courtesy of Listing Agent: Matthew P. Holt (matt.holt@corcoran.com) from Listing Office: Corcoran.

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.