Vacant Development Lot with Wraparound
For Sale
Contact for pricing
150-02 Hillside Avenue, Jamaica, NY 11432
Vacant unimproved lot at Hillside Avenue and 150th Street with wraparound frontage and significant buildable area as-of-right.
Property SizeContact for details
Days on Market120
Property Features for 150-02 Hillside Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
R7A
Additional Details
Road Access
Yes
Listing Agency:
RIPCO Real Estate New York
(516) 647-7155
Listed By:
Kevin Schmitz · License #NY 10401284640
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Apr 12 at 12:47AM
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 RIPCO Real Estate New York
Investment Insights
Based on property information with market context.
The property is a vacant, unimproved lot located at the southeast corner of Hillside Avenue and 150th Street. It offers over 225 feet of wraparound frontage on Hillside Avenue, providing exposure along a Jamaica high car-and-foot traffic corridor. The site is zoned R7A with a C2-4 overlay within the Special Downtown Jamaica District.
As-of-right, the property allows for 40,605 buildable square feet, with the opportunity to reach up to 54,140 buildable square feet through the inclusionary housing bonus. The property is also eligible for a FRESH (grocery) discretionary tax incentive, and a floor area bonus of up to 20,000 zoning square feet (with a minimum of 6,000 square feet). The site is positioned one block west of the “F” Subway station at 153rd Street and Hillside Avenue.
The property is presented for sale or ground lease and is described as suitable for residential or mixed-use development, as well as free-standing retail development.
As-of-right, the property allows for 40,605 buildable square feet, with the opportunity to reach up to 54,140 buildable square feet through the inclusionary housing bonus. The property is also eligible for a FRESH (grocery) discretionary tax incentive, and a floor area bonus of up to 20,000 zoning square feet (with a minimum of 6,000 square feet). The site is positioned one block west of the “F” Subway station at 153rd Street and Hillside Avenue.
The property is presented for sale or ground lease and is described as suitable for residential or mixed-use development, as well as free-standing retail development.
Key Highlights
- Vacant, unimproved corner lot at the southeast corner of Hillside Avenue & 150th Street in Downtown Jamaica, Queens
- Zoned R7A with a C2‑4 overlay within the Special Downtown Jamaica District
- Over 225' of wraparound frontage on Hillside Avenue and 150th Street
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,543
Businesses Nearby
Explore this area
Business Placement
Demographics for 11432, NY
65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant unimproved lot at Hillside Avenue and 150th Street with wraparound frontage and significant buildable area as-of-right.
Where is this residential land & home lot located?
The property is located at 150-02 Hillside Avenue Jamaica, NY.
What are key features of this property?
This property features: Vacant, unimproved corner lot at the southeast corner of Hillside Avenue & 150th Street in Downtown Jamaica, Queens; Zoned R7A with a C2‑4 overlay within the Special Downtown Jamaica District; Over 225' of wraparound frontage on Hillside Avenue and 150th Street
