89-10 150th Street,
Jamaica,
NY
11435
For Sale
Listed by Alexandre Goulet with Landair Property Advisors, LLC
$3,100,000 USD
- Lots And Land
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Property Summary for 89-10 150th Street Español?
Description for 89-10 150th Street
89-10 150th Street is a 50' x 126' lot in Downtown Jamaica currently occupied by a (3) family house. This provides the rare opportunity for a developer/investor to build a ~30,000 SF residential building facing Rufus King Park. The lot is located 5 minutes from the Jamaica Transportation Hub, which provides access to (4) subway lines, the Long Island Railroad, and the Air Train. The area has seen tremendous public and private investment in recent years, which has yet to translate into a sharp increase in land prices. The average New Development 1-Bedroom Rents in Jamaica are $2,045 (net effective). The property is currently cash flowing, but can be delivered vacant. This is one of the last remaining development sites on Rufus King Park. This site is located within a designated Opportunity Zone.
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Listed by:
Alexandre Goulet
Landair Property Advisors, LLC
- (646) Show Number (Cell)
- (646) Show Number (Office)
- 1449 Lexington Avenue 2s, New York, NY 10128
Demographics in 11435top
Population
| Total population | 59,296 |
| Male population | 29,447 |
| Female population | 29,849 |
| Median age | 35.80 |
Households
| Total households | 18,874 |
| Average people per household | 3.08 |
Housing
| Total housing units | 19,742 |
| Owner occupied | 6,868 |
| Renter occupied | 12,006 |
| Median year built | 1953 |
Income
| Median household income | 64,086 |
| Average household income | 79,861 |
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Disclaimer
Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.