631-487-9365
Parsons Boulevard (Block 9754 Lot 25), Jamaica, NY for Sale
Commercial LAND - FOR SALE
1/3
7,802 SF

Parsons Boulevard (Block 9754 Lot 25)
Jamaica, NY 11432


HIGHLIGHTS

  • 100'+ Wide Mixed-Use Development Site
  • Steps to Jamaica Center Subway Station + Jamaica Avenue Retail Hub
  • Vacant land / Demolition already complete

OVERVIEW

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of PARSONS BOULEVARD LAND (BLOCK:9754 LOT: 25) - in Jamaica, Queens. The subject property is a 104’ wide unimproved plot of land on the west side of Parsons Boulevard just north of Jamaica Avenue. The property is zoned C4-5X with an R7X equivalency and allows up to 39,000 buildable SF (ZFA). The developer will have the option to purchase additional air rights from the seller from Lot 11 through a zoning lot development agreement at closing. Based on current zoning regulations we estimate the zoning envelope allows for +/- 81,000 buildable sq. ft. (ZFA). Based on the proposed City of Yes zoning reforms, we estimate the zoning envelope may allow up to +/- 100,000 buildable sq. ft. (ZFA). Notably, Jamaica is undergoing a Neighborhood Plan process which could rezone the subject property to C6-3A (R9A). The site is one block from the E – J – Z subway lines at Jamaica Center, offering access to Manhattan, Brooklyn, and Central + Western Queens, in addition to the Jamaica LIRR and JFK AirTrain.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site on Parsons Boulevard

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Storefront Retail/Residential

LAND ACRES

0.18 AC

LAND SF

7,800 SF

OFFSITE IMPROVEMENTS

-

ZONING

C4-5X, R7X

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin SchmitzRipco Real EstateMore Info
631-487-9365

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Kevin SchmitzRipco Real EstateMore Info
631-487-9365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.