$10,000

closing credit¹

148-18 89th Ave Jamaica, NY 11435

$2,400,000
7 beds
5 full
Multi-Family

Property details

About 148-18 89th Ave

148-18 89th ave is a 31' x 145' lot in downtown Jamaica currently occupied by a (2) family house. This provides the rare opportunity for a developer/investor to build a 25,000 SF residential building facing 89th ave. This lot is located 5 minutes from the Jamaica Transportation Hub which provides access to (4) subway lines, the Long Island Railroad and the Air Train. The area as seen tremendous public and private investment in recent years which has yet to translate into a sharp increase. The property is currently cash flowing, but can be delivered vacant. This site is located within a designated Opportunity Zone.

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1920
MLS #816733
Garage2 spaces

Summary

  • MLS Number: 816733
  • MLS Name: ONEKEY2
  • Office Name: Property Professionals Realty
  • Office Phone: (929) 224-0479

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/24/2025, 1:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,400,000

148-18 89th Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

P.S. 82 Hammond School

Public District KG-5

0.1 mi

8802 144th St

7

P.S. 117 J. Keld-Briarwood School

Public District PK-5

0.5 mi

8515 143rd St

4

P.S. 182 Samantha Smith School

Public District KG-5

0.6 mi

15327 88th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,786. Typical income of Jamaica, NY residents is between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

36%
<35k
52%
35k-100k
8%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
13%
Single, with Kids
23%
Married, No Kids
33%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
33%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 148-18 89th Ave in Jamaica, NY and zip code 11435 in the Southeastern Queens neighborhood. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $2,400,000.

Over 215 listings were sold over their listed price in December 2024 in Jamaica, NY. In the same period over 736 listings were sold below the listed price and 870 listings were sold for the listed price. The inventory of homes for sale in Jamaica, NY between November and December 2024 decreased by 8.6%. In December 2024 median list price was $853,573 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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