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Parsons Boulevard (Block 9754 Lot 25) - Development Site on Parsons Boulevard

0.18 Acres of Commercial Land in Jamaica, NY 11432

Investment Highlights

  • 100'+ Wide Mixed-Use Development Site
  • Vacant land / Demolition already complete
  • Steps to Jamaica Center Subway Station + Jamaica Avenue Retail Hub

Attachments

Parsons Boulevard Land - Ripco Setup

Property Facts

Sale Type Investment Property Subtype Commercial
Sale Conditions Development Sale Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Storefront, Retail or Residential
No. Lots 1 Total Lot Size 0.18 AC
Property Type Land
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Storefront, Retail or Residential
Total Lot Size 0.18 AC

1 Lot Available

Lot

Lot Size 0.18 AC
Lot Size 0.18 AC

Description

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of PARSONS BOULEVARD LAND (BLOCK:9754 LOT: 25) - in Jamaica, Queens. The subject property is a 104’ wide unimproved plot of land on the west side of Parsons Boulevard just north of Jamaica Avenue. The property is zoned C4-5X with an R7X equivalency and allows up to 39,000 buildable SF (ZFA). The developer will have the option to purchase additional air rights from the seller from Lot 11 through a zoning lot development agreement at closing. Based on current zoning regulations we estimate the zoning envelope allows for +/- 81,000 buildable sq. ft. (ZFA). Based on the proposed City of Yes zoning reforms, we estimate the zoning envelope may allow up to +/- 100,000 buildable sq. ft. (ZFA). Notably, Jamaica is undergoing a Neighborhood Plan process which could rezone the subject property to C6-3A (R9A). The site is one block from the E – J – Z subway lines at Jamaica Center, offering access to Manhattan, Brooklyn, and Central + Western Queens, in addition to the Jamaica LIRR and JFK AirTrain.

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Walk Score ®
Very Walkable (88)
Transit Score ®
Rider's Paradise (98)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code C4-5X, R7X
C4-5X, R7X
(631) 487-9365

Contacts

  • Listing ID: 34069288

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: Parsons Boulevard (Block 9754 Lot 25), Jamaica, NY 11432

The Land Property at Parsons Boulevard (Block 9754 Lot 25), Jamaica, NY 11432 is currently available for sale. Contact Ripco Real Estate for more information.

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Parsons Boulevard (Block 9754 Lot 25) - Development Site on Parsons Boulevard
(631) 487-9365 x

Parsons Boulevard (Block 9754 Lot 25) - Development Site on Parsons Boulevard

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Kevin Schmitz

(631) 487-9365

(631) 487-9365

Stephen Preuss

(718) 663-2639

(718) 663-2639

Andrew LeoGrande

(718) 704-1455

(718) 704-1455

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