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148-18 89th Avenue Jamaica, NY 11435

$2,400,000

7 Bedrooms 5 Full Baths

Misc For Sale ML# 816733

148-18 89th ave is a 31’ x 145’ lot in downtown Jamaica currently occupied by a (2) family house. This provides the rare opportunity for a developer/investor to build a 25, 000 SF residential building facing 89th ave. This lot is located 5 minutes from the Jamaica Transportation Hub which provides access to (4) subway lines, the Long Island Railroad and the Air Train. The area as seen tremendous public and private investment in recent years which has yet to translate into a sharp increase. The property is currently cash flowing, but can be delivered vacant. This site is located within a designated Opportunity Zone.

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