Assignments

Shovel Ready Corner Site

109-15 Sutphin Boulevard, Jamaica, NY 11433

Asking
$
1749000

Property Details

Property Type
Residential Development Site
Price Summary
$
1749000
Buildable SF
12564
Building SF
12564
LOT SF
12564
Cap RATE
%
Zoning
R5D

Highlights

  • 6,282 sq. ft. property offering a strategic corner positioning for redevelopment
  • Located 0.8 miles from Sutphin Blvd / Archer Avenue Subway stop, with key bus routes enhancing accessibility
  • Zoned R5D, C2-3. Approved plans for a 15,876 sq. ft. redevelopment.
  • Demolition completed, reducing construction costs.

Property DEscription

109-15 Sutphin Boulevard is a prime corner lot in the heart of Jamaica, NY. Strategically placed, this property enjoys excellent natural light. Conveniently located just 0.8 miles from the Sutphin Blvd / Archer Avenue Subway stop and serviced by key bus routes, it offers seamless access to public transit. Zoned R5D, C2-3, this property presents a unique development opportunity with a residential potential of 12,564 square feet and approved plans for 15,876 square feet of space. Demolition is complete which reduces construction costs. Jamaica, NY, a vibrant neighborhood, is a bustling hub offering diverse amenities, making it an enticing prospect for residents and businesses. With its ideal location, zoning advantages, approved plans, and excellent connectivity via both subway and buses, this property is a compelling choice for investors seeking a dynamic venture in one of New York City's most promising neighborhoods.

Map

Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
am@landairnyc.com
Dean Abouelhassan
Senior Associate
(516) 532-5385
da@landairnyc.com

Documents

Offering Memorandum
Data Room

Request MOre info

Thank you - your request has been received!
Oops! Something went wrong while submitting the form.

Share to social