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NOW FULLY APPROVED BY NYC 13940 Hillside Ave 6,625 SF 100% Leased Flex Building Jamaica, NY 11435 For Sale
INVESTMENT HIGHLIGHTS
- Approved by the full city counsel for redevelopment 14 Stories approx. 85000 Sq.Ft.
- Retail potential: ~10,000 sq. ft. on ground floor
- Affordable housing eligible: HPD/LIHTC
- Prime Jamaica, Queens location in a major transit corridor
- Rezoning upside via Jamaica Neighborhood Plan
EXECUTIVE SUMMARY
Conveniently located at the epicenter of Jamaica, the property are within close proximity to
the Van Wyck Expwy., JFKAirport and neighboring communities to offer an opportunity of
convenience for retail/business/ residential. This redevelopment opportunity provides
developers the ability to capitalize on tremendous demand in an area with a scarcity of
developable land. The acquisition of this property is an ideal opportunity for any
investor/developer looking for a sizeable development project within Queens.
DEVELOPMENT HIGHLIGHTS
TOD Location: 1 block to Sutphin-Archer Transit Hub (LIRR, E/J/Z subway)
Current Buildable SF: ~45,000 SF (under R6A)
Post-JNP Buildable SF: ~85,000–90,000 SF (C4-4D w/ MIH)
Proposed Height Limit: 145’150 ft (~14 stories)
Eligible for HPD, 485-x, LIHTC
Ideal for: Mixed-use, Affordable Housing, or Institutional Rental
VALUE PROPOSITION
Positioned in Jamaica’s future zoning and infrastructure investment core
One of the few mid-block parcels with full 100’ street frontage
In-place ownership can deliver clean title and quick close
Strong support from local leadership for JNP expected to pass by Q4 2025
the Van Wyck Expwy., JFKAirport and neighboring communities to offer an opportunity of
convenience for retail/business/ residential. This redevelopment opportunity provides
developers the ability to capitalize on tremendous demand in an area with a scarcity of
developable land. The acquisition of this property is an ideal opportunity for any
investor/developer looking for a sizeable development project within Queens.
DEVELOPMENT HIGHLIGHTS
TOD Location: 1 block to Sutphin-Archer Transit Hub (LIRR, E/J/Z subway)
Current Buildable SF: ~45,000 SF (under R6A)
Post-JNP Buildable SF: ~85,000–90,000 SF (C4-4D w/ MIH)
Proposed Height Limit: 145’150 ft (~14 stories)
Eligible for HPD, 485-x, LIHTC
Ideal for: Mixed-use, Affordable Housing, or Institutional Rental
VALUE PROPOSITION
Positioned in Jamaica’s future zoning and infrastructure investment core
One of the few mid-block parcels with full 100’ street frontage
In-place ownership can deliver clean title and quick close
Strong support from local leadership for JNP expected to pass by Q4 2025
PROPERTY FACTS
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 09685-0006 | Improvements Assessment | $174,249 CAD |
| Land Assessment | $222,735 CAD | Total Assessment | $396,984 CAD |
PROPERTY TAXES
Parcel Number
09685-0006
Land Assessment
$222,735 CAD
Improvements Assessment
$174,249 CAD
Total Assessment
$396,984 CAD
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THE RIPOSTE CORP.
NOW FULLY APPROVED BY NYC | 13940 Hillside Ave
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