Currently zoned C4-3A (R6A), the site is positioned to benefit significantly from the pending Jamaica Neighborhood Plan rezoning, which is expected to upzone the property to C4-4D (R8A). Under the pending rezoning, the site would achieve a 7.20 Floor Area Ratio (FAR), allowing for approximately 43,200 residential buildable square feet—yielding up to 63 apartment units across 14 stories. The rezoning initiative is strongly supported by the New York City Council and is expected to be voted in October 2025. In addition to the increased density, the property’s inclusion within the Greater Transit Zone 2 removes all parking requirements, enhancing design flexibility and development efficiency. Recent Phase I and II environmental reports have returned favorable results, confirming the site’s readiness for redevelopment. The property can be delivered vacant at closing, offering a clean and shovel-ready opportunity for forward-thinking developers and investors.