Jamaica Mixed-Use Development
139-40 Hillside Ave., New York, NY 11435
High-density mixed-use development site in Jamaica, Queens.
Type:Land, Mixed Use, Multifamily, Retail
Property size:
75,600 SFLot size:
0.24 Acres- Added:
- Mar 17, 2026
- Days on Market:
- 66
- Last Refresh:
- Mar 19 at 11:58 pm
Property Features for 139-40 Hillside Ave.
General Information
- Standard status
- Active
- Size
- 75,600 SF
- Lot size
- 0.24 Acres
- Property subtype
- Land, Mixed Use, Multifamily, Retail
Listing agent Jakub Nowak License #NY 10301211147
Listing office Marcus & Millichap - Manhattan
Listing date Mar 17, 2026
Source Crexi
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 Marcus & Millichap - Manhattan
HighLights
- High‑density mixed‑use development opportunity with approximately 75,600 buildable square feet.
- Potential for a 14‑story mixed‑use building with 84 to 99 apartments and 10,500 square feet of ground‑floor commercial space.
- Immediate adjacency to major transit and dense residential neighborhoods.
- Eligibility for 485‑x tax abatements and potential city‑backed financing programs.
- Strategic flexibility allowing for outpatient medical or ambulatory healthcare tenancy.
- Scarcity of similarly entitled buildable sites of this scale in Jamaica.
Overview
Located on Hillside Avenue in Jamaica, Queens, 139-40 Hillside Avenue presents a mixed-use development opportunity. The 10,500-square-foot lot is zoned C4-4D with MIH applicability, allowing for approximately 75,600 square feet of development. The potential layout could create rentable square footage ranging between 85,000 and 95,000 square feet. Zoning permits the construction of a 14-story mixed-use development with an optimal unit count between 84 and 99 apartments, supported by ground-floor commercial space. The location benefits from adjacency to major transit, dense surrounding residential neighborhoods, and ongoing infrastructure investment. Ground-floor commercial space of up to 10,500 square feet is suitable for neighborhood-serving uses, including retail, medical office, or service-oriented tenancy. The 30% MIH requirement enables eligibility for 485-x tax abatements, City-of-Yes bonuses and potentially city-backed financing programs. The zoning, scale, and commercial frontage allow for outpatient medical or ambulatory healthcare tenancy as part of the ground-floor program. The scarcity of similarly entitled buildable sites of this scale in Jamaica enhances the opportunity.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.926696
- Latitude
- 40.860409
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - High-density mixed-use development site in Jamaica, Queens.
Where is this commercial land located?
The property is located at 139-40 Hillside Ave. New York, NY.
What are key features of this property?
This property features: High‑density mixed‑use development opportunity with approximately 75,600 buildable square feet.; Potential for a 14‑story mixed‑use building with 84 to 99 apartments and **10,500 square feet of ground‑floor commercial space**.; Immediate adjacency to major transit and dense residential neighborhoods.
