

88-29 138th Street
Retail | 7,850 SF
Marketing description
Premiere Real Estate Group Inc. presents the opportunity to purchase a vacant two-story single-family home located at 88-29 138th Street in the Jamaica neighborhood of Queens. The property is composed of 1,269 existing square-feet. Currently, there are 6,250 square-feet of air rights available for a total of 7,850 buildable square-feet. The site is zoned R6A with a maximum buildable floor area of 3.0 ratio. The property is located in a prime area of downtown Jamaica, Queens. It is situated in close proximity to Jamaica Hospital Medical Center, the Supreme Court Queens County, Long Island Railroad, JFK AirTrain and the E, J and Z subway lines. The closest subway line is the E train at the Jamaica-Van Wyck station which is just a 2-3 minute walk away. In addition, residents living in the area benefit from the immediate access of shopping and dining along the busy commercial corridor of Jamaica Avenue. Downtown Jamaica is also home to several new large-scale developments including The Kira, The Archer Towers and the Crossing at Jamaica Station.
Investment highlights
- Block/Lot: 9619/53
- Lot Size: 26 x 100
- Existing SF: 1,269 SF
- Current Air Rights: 6,250 SF
- Property Taxes (21/22): $5,990
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