Conveniently located at the epicenter of Jamaica, the property are within close proximity to
the Van Wyck Expwy., JFKAirport and neighboring communities to offer an opportunity of
convenience for retail/business/ residential. This redevelopment opportunity provides
developers the ability to capitalize on tremendous demand in an area with a scarcity of
developable land. The acquisition of this property is an ideal opportunity for any
investor/developer looking for a sizeable development project within Queens.
DEVELOPMENT HIGHLIGHTS
TOD Location: 1 block to Sutphin-Archer Transit Hub (LIRR, E/J/Z subway)
Current Buildable SF: ~45,000 SF (under R6A)
Post-JNP Buildable SF: ~85,000–90,000 SF (C4-4D w/ MIH)
Proposed Height Limit: 145’150 ft (~14 stories)
Eligible for HPD, 485-x, LIHTC
Ideal for: Mixed-use, Affordable Housing, or Institutional Rental
VALUE PROPOSITION
Positioned in Jamaica’s future zoning and infrastructure investment core
One of the few mid-block parcels with full 100’ street frontage
In-place ownership can deliver clean title and quick close
Strong support from local leadership for JNP expected to pass by Q4 2025