#811082, Listing Office: Exit Realty Prime
Property details
About 88-29 163rd St
Prime Development Site - Ready to Build! This exceptional 33 x 86 ft. lot presents a rare opportunity for developers. With plans in place and permits already secured, this project is shovel-ready and poised for immediate construction. Key Highlights: • Approved Plans & Permits: Skip the lengthy approval process – this site is ready to build! • 33-Year Tax Abatement Filed: Benefit from significant long-term tax savings. • R7 Zoning: Allows for an eight-story building. • Parking Waived: Reduces construction costs and maximizes buildable area. • Soil Tests Completed: Ensures a solid foundation for your project. • High FAR (12,000 approx.): Potential to build approximately 20 units. • Ideal Location: Located in the Heart of Jamaica. Close to public transportation, schools restaurants and shopping. Just off of Hillside Ave. Investment Potential: This property offers an excellent opportunity to capitalize on the growing demand for housing in this desirable area. The combination of approved plans, a long-term tax abatement, and a prime location makes this a exceptional investment with long term appreciation in sight considering the improvements and development going on in this area. Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.
Highlights
Home typeOther
StatusActive
Lot size0.07 Acres
MLS #823467
Summary
- MLS Number: 823467
- MLS Name: ONEKEY2
- Office Name: Daniel Gale Sothebys Intl Rlty
- Office Phone: (516) 466-4036
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. Properties displayed may be listed or sold by various participants in the MLS.
The 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.
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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: 2/21/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,150,000
88-29 163rd St
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Price information
Property sales
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Tax history
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Nearby schools
3
The Queens School for Leadership and Excellence
Public Magnet PK-2
0.2 mi
•8806 164th St
3
P.S. 182 Samantha Smith School
Public District KG-5
0.3 mi
•15327 88th Ave
6
P.S. 86 Queens
Public District KG-5
0.4 mi
•8741 Parsons Blvd
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 $25,208. Residents of Jamaica, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
36%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
16%
Single, with Kids
10%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 88-29 163rd St
This home is located at 88-29 163rd St in Jamaica, NY and zip code 11432 in the Southeastern Queens neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $2,150,000.
Over 208 listings were sold over their listed price in January 2025 in Jamaica, NY. In the same period over 759 listings were sold below the listed price and 890 listings were sold for the listed price. The number of listings in Jamaica, NY decreased by 3.4% between December and January 2025. In January 2025 median list price was $862,270 and the average listing age was 79 days.
From Rocket Homes Real Estate and based on county public records data.