144-19 Hillside Ave - Residential LAND FOR SALE


Jamaica, NY 11435 16,000 SF
$13,000,000 USD
631-858-2469
144-19 Hillside Ave, Jamaica, NY for Sale
$13,000,000 USD
Residential LAND - FOR SALE
1/1
16,000 SF

144-19 Hillside Ave
Jamaica, NY 11435


HIGHLIGHTS

  • ±16,000 SF Development Site | C4-4D Zoning allowing ~115,000 buildable SF and ~14-story mixed-use potential
  • Cleared, Development-Ready Site with minimal existing structures—reduced demolition cost and faster execution
  • Prime Hillside Avenue Frontage (±160 FT) offering strong visibility and retail positioning
  • Located in the North Core - Jamaica Neighborhood Plan with strong multifamily fundamentals, rising rents, and institutional development activity

OVERVIEW

144-19 Hillside Avenue presents a rare opportunity to acquire a large-scale, high-density development site in the heart of Jamaica, Queens—one of New York City’s fastest-evolving and most active growth corridors. The ±16,000 square foot site benefits from C4-4D zoning, allowing for approximately 115,000 buildable square feet and the potential for a 14-story mixed-use development. The scale, frontage, and zoning combine to support a best-in-class residential project with ground-floor retail or medical use, catering to the area’s rapidly expanding population and infrastructure investment. The property is delivered in a clean, development-ready condition, with minimal existing improvements, allowing for an efficient and straightforward path to redevelopment. This significantly reduces demolition costs, timelines, and execution risk—an increasingly rare advantage in the Jamaica market. Strategically positioned along Hillside Avenue, the site offers exceptional visibility and connectivity, located moments from Jamaica’s primary transit hub, including multiple subway lines, the LIRR, and major bus routes. This transit-oriented location continues to drive strong multifamily fundamentals, sustained rental growth, and institutional development activity. Surrounded by a wave of new construction and supported by ongoing public and private investment, Jamaica has firmly established itself as a premier destination for large-scale residential development. Comparable projects in the immediate area are achieving strong lease-up velocity and competitive rental rates, reinforcing the longterm viability of new development. With limited supply of large, unencumbered development sites of this scale, 144-19 Hillside Avenue stands out as a clean, executable opportunity for developers, investors, and end users seeking to capitalize on one of NYC’s most dynamic submarkets.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/ACRE

$35,392,544/AC

PRICE/SF

$813 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Apartment Units, Apartment Units - Subsdzd, Community Center

LAND ACRES

0.37 AC

LAND SF

16,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable

ZONING

C4-4D

APN/PARCEL ID

09702-0079

ASK ABOUT THIS PROPERTY

Michael GronenthalDouglas Elliman CommercialMore Info
631-858-2469

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Michael GronenthalDouglas Elliman CommercialMore Info
631-858-2469

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