Listing Office: Exit Realty Prime
$10,000
closing credit¹
148-18 89th Ave Jamaica, NY 11435
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
Summary
- MLS Number: 816733
- MLS Name: ONEKEY2
- Office Name: Property Professionals Realty
- Office Phone: (929) 224-0479
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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.
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.
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.