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13940 Hillside Ave
Jamaica, NY 11435 Downtown Jamaica

Price Upon Request

Land For Sale  •  0.24 AC

Property Details

  • Property Type Land
  • Lot Size 0.24 AC
  • Zoning C4-4D
100 Transit Score
100 Walk Score

Description

139-40 Hillside Avenue offers a fully rezoned, high-density mixed-use development opportunity along the Hillside Avenue corridor in Jamaica, Queens. The 10,500-square-foot lot is zoned C4-4D with MIH applicability, allowing for approximately 75,600 square feet with a potential layouts that create rentable square feet ranging between 85,000 and 95,000 square feet. Zoning allows for the construction of a 14-story mixed use development with optimal unit count between 84 and 99 apartments, supported by ground-floor commercial space.

Highlights

Fully Rezoned Development Site C4-4D zoning with MIH allows ~75,600 buildable SF and up to 84 residential units as-of-right.
Prime Transit-Oriented Location Direct adjacency to major transit lines supports strong residential absorption, retail performance, and long-term dema
Attractive Mixed-Use Program 14-story residential tower with 6,000–8,000 SF of ground-floor commercial suitable for retail or medical tenancy.
Tax-Abated Structure MIH compliance enables eligibility for 421-a / 485-x abatements and city financing, materially enhancing cash flow.
Healthcare Optionality Ground-floor configuration and zoning support outpatient or ambulatory medical users.
Scarcity Value One of few large, entitled, institutional-scale development sites remaining in Jamaica’s North Core.

Public Transportation

Commuter RailDriveWalkDistance
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 11 min 0.6 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 3 min - 1.3 mi
Transit/SubwayDriveWalkDistance
Sutphin Boulevard (F - New York MTA Subway (The Subway)) 0 min 4 min 0.2 mi
Jamaica-Van Wyck (E - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Sutphin Boulevard-Archer Avenue-JFK Airport (E - New York MTA Subway (The Subway), J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 1 min 10 min 0.5 mi
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 11 min 0.6 mi
Briarwood-Van Wyck Boulevard (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway)) 1 min 13 min 0.7 mi
AirportDriveWalkDistance
John F Kennedy International 11 min - 6.0 mi
LaGuardia 12 min - 6.5 mi
Newark Liberty International 40 min - 26.2 mi
Jakub Nowak 718-475-4353 Marcus & Millichap
Jakub Nowak 718-475-4353 Marcus & Millichap