144-19 Hillside Avenue
- ±16,000 SF Development Site | C4-4D Zoning allowing ~115,000 buildable SF and ~14-story mixed-use potential
- Cleared, Development-Ready Site with minimal existing structures—reduced demolition cost and faster execution
- Prime Hillside Avenue Frontage (±160 FT) offering strong visibility and retail positioning
- Located in the North Core - Jamaica Neighborhood Plan with strong multifamily fundamentals, rising rents, and institutional development activity
Property Description
144-19 Hillside Avenue presents a rare opportunity to acquire a large-scale, high-density development site in the heart of Jamaica, Queens—one of New York City’s fastest-evolving and most active growth corridors. The ±16,000 square foot site benefits from C4-4D zoning, allowing for approximately 115,000 buildable square feet and the potential for a 14-story mixed-use development. The scale, frontage, and zoning combine to support a best-in-class residential project with ground-floor retail or medical use, catering to the area’s rapidly expanding population and infrastructure investment. The property is delivered in a clean, development-ready condition, with minimal existing improvements, allowing for an efficient and straightforward path to redevelopment. This significantly reduces demolition costs, timelines, and execution risk—an increasingly rare advantage in the Jamaica market. Strategically positioned along Hillside Avenue, the site offers exceptional visibility and connectivity, located moments from Jamaica’s primary transit hub, including multiple subway lines, the LIRR, and major bus routes. This transit-oriented location continues to drive strong multifamily fundamentals, sustained rental growth, and institutional development activity. Surrounded by a wave of new construction and supported by ongoing public and private investment, Jamaica has firmly established itself as a premier destination for large-scale residential development. Comparable projects in the immediate area are achieving strong lease-up velocity and competitive rental rates, reinforcing the long-term viability of new development. With limited supply of large, unencumbered development sites of this scale, 144-19 Hillside Avenue stands out as a clean, executable opportunity for developers, investors, and end users seeking to capitalize on one of NYC’s most dynamic submarkets
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $13,800,000 |
| Lot Size: | 0.37 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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