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Approved Hotel Development Opportunity

8971 164th Street Jamaica Ny, NY 11432

8971 164th Street Jamaica, Ny, NY, 11432
$8,500,000
For Sale
$8,500,000

For sale hospitality development site with approved plans for approximately 30,000 square feet of hotel space.

Property Size18,318 SF
Price / SF$464.02
Days on Market8

Property Features for 8971 164th Street Jamaica

General Information

Standard status
Active
Size
18,318 SF

Building Details

Year Built
1951
Listing agency
Listed by Victor Sookdeo
Source Parkassets
Added: Jul 15 Updated: Jul 20 at 8:10PM Checked: Jul 22 at 2:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Victor Sookdeo


Investment Insights

Based on property information with market context.

This for-sale hospitality development opportunity is offered with approved plans for approximately 30,000 square feet of hotel development at 89-71 164th Street. The approved concept is an efficient multi-story hotel design, featuring floor plates of approximately 6,000 square feet intended to support streamlined construction and maximize usable space.

Located in Jamaica, Queens, the site is positioned near major transportation options, including the LIRR, AirTrain to JFK, and multiple subway lines. It is also within the Jamaica Avenue retail corridor and surrounded by ongoing commercial activity.

The offering is presented as a shovel-ready, fully entitled hospitality project, providing a development path to move forward immediately with the approved hotel plans.

Key Highlights

  • Approved plans for approximately 30,000 SF of hotel development at 89‑71 164th Street
  • Shovel‑ready, fully entitled hospitality development opportunity with approved hotel design
  • Multi‑story concept with floor plates of approximately 6,000 SF

Property Analytics

Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Dental Office Acupuncture Bar & Pub Cafe & Coffee Shop Travel Agency Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Hotel - For sale hospitality development site with approved plans for approximately 30,000 square feet of hotel space.
Where is this hotel located?
The property is located at 8971 164th Street Jamaica Ny, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Approved plans for approximately 30,000 SF of hotel development at 89‑71 164th Street; Shovel‑ready, fully entitled hospitality development opportunity with approved hotel design; Multi‑story concept with floor plates of approximately 6,000 SF
Contact an agent
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