Assignments

High-Density Corner Development Site

168-26 Liberty Avenue, Jamaica, NY 11433

168-26 Liberty Avenue, Jamaica, NY 11433

under contract

Asking
Sale Price
$

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
Sale Price
$
Buildable SF
18232
Building SF
18232
LOT SF
18232
Cap RATE
%
Zoning
R7A, C2-4, DJ

Highlights

  • 3,639 SF Corner Lot Located in Jamaica.
  • 18,232 Buildable SF: R7A / C2-4 zoning with 5.01 FAR via MIH.
  • Vacant parking lot—no demolition required.
  • Located in MIH Area 4 of Jamaica, allowing MIH Options 1, 2, and 3.
  • Steps from major transportation and retail corridors.
  • Positioned within the Jamaica Neighborhood Plan corridor.

Property DEscription

Presenting 168-26(28) Liberty Avenue: a 3,639 SF corner development site perfectly positioned for a mid-rise residential project. Zoned R7A with a C2-4 commercial overlay, the site supports a maximum of 18,232 BSF through Mandatory Inclusionary Housing (MIH). Currently utilized as a parking lot, the property will be delivered vacant, allowing developers to break ground immediately. Its location in the Special Downtown Jamaica District ensures long-term value in one of Queens’ most active investment submarkets. This is an ideal opportunity to deliver a boutique elevator building with prime retail in a high-traffic, transit-rich location.

Map

Michael Lam
Associate
(917) 536-3676
mlam@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Anand Melwani
Partner
(646) 559-4700
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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