
Courtesy of: Dillon D. DePinto, NY Space Finders Inc, dillon@nyspacefinders.com
$1,295,000
|
Lot: 0.06 Acres
|
|
Other
|
$1,295,000
14812 97th Avenue DEVELOPMENT SITE - R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2, 500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15, 050 BSF as-of-right (6.02 FAR) or up to 18, 000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16, 250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1, 800 SF, built 1925), delivered in place - ideal for land banking, assemblage, or immediate development filing. Approx. 13, 250 SF of unused as-of-right development rights. Steps from the Sutphin Blvd-Archer Ave hub: LIRR, E/J/Z subway & JFK AirTrain. Priced at $86/BSF as-of-right, $72/BSF with UAP - below recent guidance on nearby institutional assemblages. Block 10033, Lot 6. All zoning figures are estimates; buyer to verify with own architect and zoning counsel.
Courtesy of: Dillon D. DePinto, NY Space Finders Inc, dillon@nyspacefinders.com
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.