88-29 163rd Street

New

$2,150,000

88-29 163rd Street New York, NY

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$7,231   (2025)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
3 days
$ /sqft
-
Type
other
Year Built
N/A
Unit
-
Zip Code
11432
Ref./MLS ID
KEY823467

DESCRIPTION

Prime development site - ready to build! this exceptional 33 x 86 ft.  Lot presents a rare opportunity for developers.  With plans in place and permits already secured, this project is shovel-ready and poised for immediate construction.  Key highlights: • approved plans & permits: skip the lengthy approval process – this site is ready to build! • 33-year tax abatement filed: benefit from significant long-term tax savings.  • r7 zoning: allows for an eight-story building.  • parking waived: reduces construction costs and maximizes buildable area.  • soil tests completed: ensures a solid foundation for your project.  • high far (12,000 approx.  ): potential to build approximately 20 units.  • ideal location: located in the heart of jamaica.  Close to public transportation, schools restaurants and shopping.  Just off of hillside ave.  Investment potential: this property offers an excellent opportunity to capitalize on the growing demand for housing in this desirable area.  The combination of approved plans, a long-term tax abatement, and a prime location makes this a exceptional investment with long term appreciation in sight considering the improvements and development going on in this area.  Disclaimer: all information provided is deemed reliable but is not guaranteed and should be independently verified.  


Data is provided by OneKey MLS.

Listed on February 19, 2025 by Abraham C. Kanfer CBR from Daniel Gale Sothebys Intl Rlty, this other is for sale. other for sale in New York listed at $2,150,000, Reference KEY823467

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.