3
See all 3 photos
$8,500,000
Est. payment /mo
6,033 Sqft Lot
Price Dropped by $450K
8971 164th ST Jamaica, NY 11432
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 957832
Rental Info No
Year Built 1951
Annual Tax Amount $233,887
Lot Size 6,033 Sqft
Acres 0.1385
Property Sub-Type Business
Source onekey2
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.
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.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Other
Cooling Ductwork
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Listed by Corcoran • Matthew P. Holt
Nearby Locations
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Cynthia McKenna
Broker Associate | License ID: 10301215748 NY
+1(631) 278-6987 | cyndimckenna1@gmail.com