$5,600,000
Updated 7 years ago
Off Market

153-33 89th Ave

Jamaica, Queens | Burdette Place & Parsons Blvd

Development Site

$5,600,000
Lot Size50'x115'
ZoneR7A
Building TypeVacant Lot
RE Taxes$12,348

Building Amenities

  • Elevator

Property Description for 153-33 89th Ave

Corcoran has been retained on an exclusive basis to market 153-33 89th Avenue, in Jamaica, Queens.Currently used for parking, 153-33 89th Avenue is a vacant lot in the heart of downtown Jamaica, near major transportation hubs, shopping, restaurants, and parks. This double-wide development site offers 50 feet of frontage along 89th Avenue and a depth of 115 feet.R7A zoning allows for 23,000 sq ft buildable, however, 153-33 89th Street includes 43,196 sf of development rights from an adjoining property (88-22 Parsons Blvd). Using these additional air rights the current owner was able to create plans for a 36,915 sq ft residential development that includes a 2,433 sq ft community space. These plans will be provided to the buyer. Development sites as prime as this are few and far between. 50ft x 115ft lot | 5,750st | FAR 4.0 23,000sf buildable | R7A, DJ zoning Additional 43,196sf of air rights from 88-22 Parsons Blvd Plans for 36,915ft development included Nearby Transportation: E/J/Z/F trains, LIRR, AirTrain

Listing History for 153-33 89th Ave

Now
07/01/2019
POM by Orion Talley
Corcoran
03/05/2019
$5,600,000
Initial Price by Orion Talley
Corcoran

Building Details for 153-33 89th Ave

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Parsons Blvd
0.13 miles
Jamaica Center-Parsons/Archer
0.26 miles
Sutphin Blvd
0.43 miles
Sutphin Blvd-Archer Av-JFK Airport
0.46 miles

Contact Agents

Contact Agents

Orion Talley
Corcoran
Dan Brady
Corcoran

Jamaica | Queens

Quick Profile

Jamaica Queens is buzzing. Although it doesn’t have the same level of excitement or sensory overload that Times Square imparts on its visitors, it’s a bustling city center just brimming with activity. The courts, government offices, hospitals, colleges, ethnic restaurants of every kind, big box retailers and mom-and-pop shops – the neighborhood has a lot going on at any given moment.

 Jamaica, a diversely populated middle-class neighborhood located in southeastern Queens has a huge commercial and retail district with a residential component too. Its boundaries are Hillside Avenue to the northwest, Van Wyck Expressway to the south, Linden Boulevard to the southeast, and 188th Street and Jamaica Boulevard to the northeast.

 Jamaica has a similar history to other areas of Queens and Manhattan. Indigenous tribes called it home until the Dutch arrived in the mid-1600s. They purchased the land for a very small amount (history says two rifles, a fur coat, and some gun powder). Dutch Governor Peter Stuyvesant named it Rustdorp, which translates to rest town. English colonists took over the lands from the Dutch around 1655 and changed the name to Jamaica.

 In the late 1770s, Jamaica became a popular trading post and it was eventually incorporated into a village in 1814. In 1834, B and J Railway Company built a train line connecting Brooklyn to Jamaica. It didn’t last long because B and J Railway ran out of money to keep the trains operational. New investors stepped in and saved the company. They renamed the organization the Long Island Rail Road Company.

 In 1898, Queens became part of New York City and served as the county seat for Manhattan.

 Today’s Jamaica has a thriving business district that represents the diversity of Queens. West Indian grocery stores, African American bath and beauty supplies, South American eateries, Indian owned electronic stores, Italian grocers, South East Asian markets line the streets selling their goods and services.

 There are even green spaces in this densely populated urban neighborhood. Rufus King Park, Marconi Park, Jamaica Playground, Saint Albans Park and Baisley Pond Park are just a few of the more notable ones.  

 Jamaica is accessible with plenty of transportation options. Jump on the Long Island Railroad and be in Manhattan in 35 minutes, or head the other direction to Montauk or the Hamptons. The Air Train takes you to John F. Kennedy International Airport. Subway and bus lines will whisk you to Manhattan, Brooklyn, or further into Queens.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 75423TH