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Approved Hotel Development Site
For Sale
$8,500,000

8044 164TH ST Unit 89-71, Jamaica, NY 11432

Approved plans support a multi-story hospitality project in a transit-connected commercial corridor.

Property SizeContact for details
Days on Market211

Property Features for 8044 164TH ST Unit 89-71

General Information

Standard status Active
Property subtype Apartment

Amenities

3
No Fence
No Parking.
None.

Building Details

Year Built 1951
Listing Agency: Corcoran Group
Listed By: varun sharma · License #10401385007
Source: Xome
Added: Jan 31 Changed: Aug 29 Last Checked: Aug 29 at 8:43PM

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 Corcoran Group

Investment Insights

Based on property information with market context.

This hotel development site includes approved plans for approximately 30,000 square feet of hospitality space. The proposed multi-story design uses floor plates of approximately 6,000 square feet, providing a defined development framework for the project. The property is situated within a C6-2 zoning district, and the plans and development details remain subject to independent verification by the purchaser.

Transportation access includes proximity to the Long Island Rail Road, the AirTrain to JFK, and multiple subway lines. The site is also near the Jamaica Avenue retail corridor and surrounding commercial activity, with retail, commercial, and institutional uses identified in the surrounding area.

Key Highlights

  • Approved plans for approximately 30,000 SF of hotel development
  • Approximate 9,800 SF lot per plot plan
  • Proposed multi‑story design with approximately 6,000 SF floor plates

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Bar & Pub Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,243
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 48%
Mobil Shops & Services
17,927 visits/mo 0.2 miles
7-Eleven Shops & Services
17,914 visits/mo 0.3 miles
Dunkin' Donuts Dining
13,807 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,315 visits/mo 0.2 miles
Burger King Dining
8,525 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Approved plans support a multi-story hospitality project in a transit-connected commercial corridor.
Where is this hotel located?
The property is located at 8044 164TH ST Unit 89-71 Jamaica, 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; Approximate 9,800 SF lot per plot plan; Proposed multi‑story design with approximately 6,000 SF floor plates
More about this property
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