88-29 163rd Street, Jamaica, NY 11432

Local realty services provided by:Bon Anno Realty ERA Powered
#1#2#3
88-29 163rd Street,Jamaica, NY 11432
$2,150,000
  • 0.07 Acres
  • Lots / Land
  • Active
Listed by:abraham c. kanfer cbr
Office:daniel gale sothebys intl rlty
MLS#:823467
Source:One Key MLS

Price summary

  • Price:$2,150,000

About this home

Prime Development Site - Ready to Build! This exceptional 33 x 86 ft. lot presents a rare opportunity for developers. With plans in place and permits already secured, this project is shovel-ready and poised for immediate construction. Key Highlights: • Approved Plans & Permits: Skip the lengthy approval process – this site is ready to build! • 33-Year Tax Abatement Filed: Benefit from significant long-term tax savings. • R7 Zoning: Allows for an eight-story building. • Parking Waived: Reduces construction costs and maximizes buildable area. • Soil Tests Completed: Ensures a solid foundation for your project. • High FAR (12,000 approx.): Potential to build approximately 20 units. • Ideal Location: Located in the Heart of Jamaica. Close to public transportation, schools restaurants and shopping. Just off of Hillside Ave. Investment Potential: This property offers an excellent opportunity to capitalize on the growing demand for housing in this desirable area. The combination of approved

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing Id #:823467
  • Added:176 day(s) ago
  • Updated:July 13, 2025 at 10:33 AM

Structure and exterior

  • Lot area:0.07 Acres

Schools

  • High school:Hillcrest High School
  • Middle school:Jhs 217 Robert A Van Wyck
  • Elementary school:Ps 86

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,150,000
  • Tax amount:$7,231 (2025)
Copyright 2025 OneKey MLS. All rights reserved. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

New listings near 88-29 163rd Street