$1,599,000
●
Condo -
Off Market
172-16 Jamaica Avenue #1
Queens, NY 11432
Studio
1 Bath
7656 Sqft
$2,678,202
RealtyHop Estimate
67.49%
Since Apr 1, 2015
NY-New York
Primary Model
About This Property
Great investment in Queens.
- Mixed use land commercial & residential.
The land has been demolished an ready for architect plans.
- Build up to 2 floors commercials and additional 7 floors residential.
-The subject property is a 59' x 132' development site located at 172-16
(Block 10213, Lot 7) in downtown Jamaica Queens.
The single vacant lot is zoned R6A/C2, except for 32' at the rear of the lot which is zoned R5 (FAR 1.25).
The subject property would give a developer the opportunity to
develop a building with a maximum height of 70' (30' R5) and a
buildable area of approximately 24,380 square feet (17,400 R6A; 2,320
R5).
The subject property fronts 59' on Jamaica Avenue, a major commercial
thoroughfare, and is a few blocks from the 165th Street bus depot, the
169th Street F-train, the recently completed Home Depot, the site of a
major NYCEDC proposed development, and many other short-term
and long-term planned developments.
Lot Size (SF) 7,656
Lot Size (Acres) 0.1761
Price/Acre $10,789,324
Buildable SF 24,380
Lot Dimensions 58' x 132'
Type of Ownership Fee Simple
Assessor's Parcel Number 10213-0007
Zoning : R6A/C2; R5
Taxes : $11,977.68
Tax Year : 2013
Frontage 59' on Jamaica Avenue
- Mixed use land commercial & residential.
The land has been demolished an ready for architect plans.
- Build up to 2 floors commercials and additional 7 floors residential.
-The subject property is a 59' x 132' development site located at 172-16
(Block 10213, Lot 7) in downtown Jamaica Queens.
The single vacant lot is zoned R6A/C2, except for 32' at the rear of the lot which is zoned R5 (FAR 1.25).
The subject property would give a developer the opportunity to
develop a building with a maximum height of 70' (30' R5) and a
buildable area of approximately 24,380 square feet (17,400 R6A; 2,320
R5).
The subject property fronts 59' on Jamaica Avenue, a major commercial
thoroughfare, and is a few blocks from the 165th Street bus depot, the
169th Street F-train, the recently completed Home Depot, the site of a
major NYCEDC proposed development, and many other short-term
and long-term planned developments.
Lot Size (SF) 7,656
Lot Size (Acres) 0.1761
Price/Acre $10,789,324
Buildable SF 24,380
Lot Dimensions 58' x 132'
Type of Ownership Fee Simple
Assessor's Parcel Number 10213-0007
Zoning : R6A/C2; R5
Taxes : $11,977.68
Tax Year : 2013
Frontage 59' on Jamaica Avenue
Unit Size
7,656Ft²
Days on Market
55 days
Land Size
-
Price per sqft
$209
Property Type
Condo
Property Taxes
$1,000
HOA Dues
$500
Year Built
-
Last updated: 3 months ago (RLS #RLMX-0038251379)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 10, 2015 | Sold | $1,599,000 | |
Sold | |||
Jan 14, 2015 | Listed by Brown Harris Stevens Residential Sales LLC | $1,599,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Interior Details
Interior Information
Living Area: 7656
Room Information
Rooms: 1
Exterior Details
Building Information
Pets Allowed: Building Yes, Yes
Financial Details
Tax Annual Amount: $12,000
Location Details
Subdivision Name: Jamaica
Association Fee: $500
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Commercial
Loft
-
-
$1,075,000
Jan 11, 2019
$1,075,000
Dec 30, 2019
$414/mo
Sold
Multifamily
8
Beds
7
Baths
-
$1,460,000
Feb 13, 2020
$1,460,000
Apr 12, 2021
$766/mo
House
5
Beds
4
Baths
-
$1,513,000
Jul 15, 2019
$1,513,000
Dec 7, 2020
$1,186/mo
Sold
House
5
Beds
4
Baths
-
$1,651,000
Jul 1, 2021
$1,651,000
Jan 13, 2022
$812/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/14/2015
|
Studio
|
1 Bath
|
7656 ft²
|
$1,599,000
Studio
1 Bath
7656 ft²
|
$1,599,000
03/10/2015
|
-
|
David Bibian
Halstead Property, LLC
|