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Investment Highlights
- ±16,000 SF Development Site | C4-4D Zoning allowing ~115,000 buildable SF and ~14-story mixed-use potential
- Prime Hillside Avenue Frontage (±160 FT) offering strong visibility and retail positioning
- Cleared, Development-Ready Site with minimal existing structures—reduced demolition cost and faster execution
- Located in the North Core - Jamaica Neighborhood Plan with strong multifamily fundamentals, rising rents, and institutional development activity
Executive Summary
144-19 Hillside Avenue presents a rare opportunity to acquire a large-scale, high-density development site in the heart of Jamaica, Queens—one of New York City’s
fastest-evolving and most active growth corridors. The ±16,000 square foot site benefits from C4-4D zoning, allowing for approximately 115,000 buildable square feet and the potential for a 14-story mixed-use development. The scale, frontage, and zoning combine to support a best-in-class residential project with ground-floor retail or medical use, catering to the area’s rapidly expanding population and infrastructure investment. The property is delivered in a clean, development-ready condition, with minimal existing improvements, allowing for an efficient and straightforward path to redevelopment. This significantly reduces demolition costs, timelines, and execution risk—an increasingly rare advantage in the Jamaica market. Strategically positioned along Hillside Avenue, the site offers exceptional visibility and connectivity, located moments from Jamaica’s primary transit hub, including multiple subway lines, the LIRR, and major bus routes. This transit-oriented location continues to drive strong multifamily fundamentals, sustained rental growth, and institutional development activity. Surrounded by a wave of new construction and supported by ongoing public and private investment, Jamaica has firmly established itself as a premier destination for large-scale residential development. Comparable projects in the immediate area are achieving strong lease-up velocity and competitive rental rates, reinforcing the longterm viability of new development. With limited supply of large, unencumbered development sites of this scale, 144-19 Hillside Avenue stands out as a clean, executable opportunity for developers, investors, and end users seeking to capitalize on one of NYC’s most dynamic submarkets.
fastest-evolving and most active growth corridors. The ±16,000 square foot site benefits from C4-4D zoning, allowing for approximately 115,000 buildable square feet and the potential for a 14-story mixed-use development. The scale, frontage, and zoning combine to support a best-in-class residential project with ground-floor retail or medical use, catering to the area’s rapidly expanding population and infrastructure investment. The property is delivered in a clean, development-ready condition, with minimal existing improvements, allowing for an efficient and straightforward path to redevelopment. This significantly reduces demolition costs, timelines, and execution risk—an increasingly rare advantage in the Jamaica market. Strategically positioned along Hillside Avenue, the site offers exceptional visibility and connectivity, located moments from Jamaica’s primary transit hub, including multiple subway lines, the LIRR, and major bus routes. This transit-oriented location continues to drive strong multifamily fundamentals, sustained rental growth, and institutional development activity. Surrounded by a wave of new construction and supported by ongoing public and private investment, Jamaica has firmly established itself as a premier destination for large-scale residential development. Comparable projects in the immediate area are achieving strong lease-up velocity and competitive rental rates, reinforcing the longterm viability of new development. With limited supply of large, unencumbered development sites of this scale, 144-19 Hillside Avenue stands out as a clean, executable opportunity for developers, investors, and end users seeking to capitalize on one of NYC’s most dynamic submarkets.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$40,624
|
$110,601.30
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,624 |
| Annual Per AC | $110,601.30 |
Property Facts
| Price | $17,686,630 CAD | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | C4-4D | ||
| Price | $17,686,630 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.37 AC |
| No. Stories | 1 |
| Zoning | C4-4D |
1 Lot Available
Lot
| Price | $17,686,630 CAD | Lot Size | 0.37 AC |
| Price Per AC | $48,151,909.95 CAD |
| Price | $17,686,630 CAD |
| Price Per AC | $48,151,909.95 CAD |
| Lot Size | 0.37 AC |
Two Lots: 09702-0079 & 09702-0083
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09702-0079 | Improvements Assessment | $195,527 CAD |
| Land Assessment | $377,124 CAD | Total Assessment | $572,651 CAD |
Property Taxes
Parcel Number
09702-0079
Land Assessment
$377,124 CAD
Improvements Assessment
$195,527 CAD
Total Assessment
$572,651 CAD
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144-19 Hillside Ave
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