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 ...


Property

Website: https://www.nestseekers.com/5262921
Address:
New York, NY 11432
Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$8,500,000
Annual Taxes:$233,887.28

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.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Corcoran