89-71 164TH Street COMMERCIAL
Queens, NY, 11432 $ 8,500,000
Baths0.0 Monthly Estimate*
$ 52,336
Studio Apartment for sale in Queens, NY
for $8,500,000. This apartment was built in 1951.
89-71 164th Ѕtreеt - Αpрrοvеd Hotel Develοрmеnt Οpрortunity Jamaica, Queens
Prime development opportunity at 89-71 164th Street, offered with approved plans for approximately 30,000 square feet of hotel development. This shovel-ready project allows a developer to move forward immediately with a fully entitled hospitality asset in one of Queens' growing corridors.
The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square feet, helping streamline construction and maximize usability.
Situated in the heart of Jamaica, Queens, the property benefits from strong proximity to major transportation, including the LIRR, AirTrain to JFK, and multiple subway lines, as well as the Jamaica Avenue retail corridor and surrounding commercial activity.
Property Details
- Approx. 9,800 SF lot (per plot plan)
- Approved 30,000 SF hotel development
- Approx. 6,000 SF floor plates
- Located in a C6-2 zoning district
Investment Highlights- Shovel-ready with approved plans
- Prime transit-oriented location JFK Airport
- Strong demand drivers from retail, commercial, and institutional uses
- Efficient building layout for hotel or hospitality use
Disclaimer All square footage, zoning, and development information is approximate and subject to independent verification by purchaser.
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List Byvarun sharmaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $52,336
- Monthly Property Taxes
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- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Jamaica, NY 231,051 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
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0 Elementary School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 3/20/2026 | $8,500,000 | -5.03% | Price Down |
| 2/21/2026 | $8,950,000 | -5.79% | Price Down |
| 2/2/2026 | $9,500,000 | | Listed Price |