139-40 Hillside Ave New York, NY 11435

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.