Your email has been sent.
10915 Sutphin Blvd - 12,564 Buildable Sq. Ft. Corner Site 0.14 Acres of Commercial Land Offered at $2,503,074 CAD in Jamaica, NY 11435
Investment Highlights
- 100% Market-Rate Potential.
- Premium Corner Footprint
- Flexible Zoning Profile
- MTM tenant: The site features an existing month-to-month tenant paying $4,500 per month. The tenant can remain in place if the buyer wishes.
- Immediate Development Timeline: Delivered as a clean, vacant lot
- Strategic Transit Access
Property Facts
| Price | $2,503,074 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R5D, C2-3 | ||
| Price | $2,503,074 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | R5D, C2-3 |
1 Lot Available
Lot
| Price | $2,503,074 CAD | Lot Size | 0.14 AC |
| Price Per AC | $17,384,266.47 CAD |
| Price | $2,503,074 CAD |
| Price Per AC | $17,384,266.47 CAD |
| Lot Size | 0.14 AC |
Description
109-15 Sutphin Boulevard is a premier corner development opportunity located in the rapidly evolving Jamaica submarket. Boasting a prominent 6,282 SF corner lot with favorable 60' x 105' dimensions, this site is delivered completely vacant, offering developers a seamless, efficient "blank slate" to execute their vision without the added time or expense of demolition. Featuring a versatile split zoning designation (R5D, C2-3, R4-1), the site allows for a maximum usable floor area of 12,564 buildable square feet (BSF). Crucially, this property allows for a 100% market-rate residential or mixed-use project with no affordable housing restrictions. Under the new Dwelling Unit Factor for R5D of 680, the maximum allowable density yields 18 buildable units. Residential parking requirements are completely waived under the City of Yes initiative, maximizing rentable/sellable square footage.
Presented by
10915 Sutphin Blvd - 12,564 Buildable Sq. Ft. Corner Site
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.