Unlock a stellar development opportunity at 143-24 94th Avenue, Jamaica, NY
11435, with this prime 70' x 100' lot zoned C4-5X DJ, perfectly positioned for
visionary developers. Boasting an impressive 35,000 ZFA and 42,000 BSF with
UAP, this site offers explosive potential to scale up to 75,000 ZFA upon
completion of the transformative Jamaica Neighborhood Plan (JNP) rezoning.
Situated just one block from the bustling Archer Avenue LIRR and Subway,
this property guarantees unrivaled transit access and remarkably low annual
taxes of just $17,250. Secure this gem with a $300,000 triple-net lease, a
generous 48-year term plus a 48-year option, and a two-year rent deposit
that drops to one year upon TCO.
With 12% rent increases every five years (subject to CPI review every
decade), all uses considered, and delivered vacant at lease execution with a
mandatory completion guarantee, this is your chance to capitalize on a highgrowth location in the heart of Jamaica’s vibrant future.