$8,500,000 $8,950,000
Updated 17 days ago

89-71 164th Street

Jamaica, Queens | 89th Ave & Jamaica Ave

Development Site

$8,500,000 $8,950,000
floors3
Building TypeLow-Rise
RE Taxes$338,640

Property Description for 89-71 164th Street

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' 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.
Property Details
  • Approx. 9,800 SF lot (per plot plan)
  • Approved 30,000 SF hotel development
  • Approx. 6,000 SF floor plates
  • Located in a C6-2 zoning district
Investment Highlights
  • Shovel-ready with approved plans
  • Prime transit-oriented location JFK Airport
  • Strong demand drivers from retail, commercial, and institutional uses
  • Efficient building layout for hotel or hospitality use
Disclaimer
All square footage, zoning, and development information is approximate and subject to independent verification by purchaser.
This version:
Uses only numbers supported by the plans
Keeps you legally safe
Still sounds strong to investors
If you want, I can also make a short MLS version or a luxury investor pitch version.

Video Walkthrough


Listing History for 89-71 164th Street

Now
03/20/2026
$8,500,000 [-$450,000] [5%]
Price Drop by Varun Sharma
Corcoran
02/21/2026
$8,950,000 [-$550,000] [5.8%]
Price Drop by Varun Sharma
Corcoran

Building Details for 89-71 164th Street

OwnershipDevelopment Site
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built1951
Floors3
Learn More About the Building

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: 104591TH