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14812 97th Ave, Jamaica, NYC

HomeListingsJamaica › 14812 97th Ave

$1,295,000
Active 1 days on market
MLS# 1024598

14812 97th Ave

📍 Jamaica, Jamaica, NY 11435

Other
Type

About this property

DEVELOPMENT SITE — R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2,500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15,050 BSF as-of-right (6.02 FAR) or up to 18,000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16,250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1,800 SF, built 1925), delivered in place — ideal for land banking, assemblage, or immediate development filing. Approx. 13,250 SF of unused as-of-r
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Amenities & features

DEVELOPMENT SITECOMMUNITY FACILITY FARMAX HEIGHT APPROX 120 FT

Key facts

Development site
2,500 sq ft lot

Property details

Property typeOther
Listing statusActive
Lot size2,500 sqft
Days on market1 days
MLS #1024598

Estimated monthly payment

Listing price$1,295,000
Down payment (20%)$259,000
Loan amount$1,036,000
Principal & interest (7%, 30yr)$6,892/mo
Property tax (est.)$1,259/mo
Home insurance (est.)$539/mo
Estimated total$8,690/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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