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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.

Taxes & Operating Expenses (Actual - 2026)

Annual (CAD) Annual Per AC (CAD)
Taxes - -
Operating Expenses - -

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
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Subsidized
  • Community Centre
Total Lot Size 0.37 AC
No. Stories 1
Zoning C4-4D

1 Lot Available

Lot

Price $17,686,630 CAD
Price Per AC $48,151,909.95 CAD
Lot Size 0.37 AC

Two Lots: 09702-0079 & 09702-0083

Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
09702-0079
Land Assessment
$377,124 CAD
Improvements Assessment
$195,527 CAD
Total Assessment
$572,651 CAD
  • Listing ID: 40387990

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 144-19 Hillside Ave, Jamaica, NY 11435

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