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Clarion Hotel Queens 89-71 164th Street 78 Room Hotel Queens, NY 11432 $11,740,200 CAD ($150,515 CAD/Room)
Executive Summary
89-71 164th Street – Approved Hotel Development Opportunity | Jamaica, Queens
Prime development opportunity at 89-71 164th Street, offered with approved plans for a ~30,000 square foot hotel development. This shovel-ready project presents a rare chance for developers and investors to capitalize on a fully entitled hospitality asset in one of Queens’ fastest-growing corridors.
The approved plans feature an efficient, multi-story hotel layout with optimized floor plates, reducing both pre-development timelines and execution risk.
Situated in the heart of Jamaica, Queens, the property benefits from:
Proximity to Jamaica Avenue’s major retail corridor
Excellent access to LIRR, AirTrain, and multiple subway lines
Strong demand drivers including JFK Airport, commercial centers, and institutional uses
Additional Development Potential:
The property is located within a C6-2 zoning district on an approximately 14,200 square foot lot.
Preliminary zoning analysis indicates the potential for increased buildable square footage beyond the approved plans, subject to verification by purchaser’s architect and zoning consultant.
Investment Highlights:
Approved ~30,000 SF hotel development (shovel-ready)
Prime Jamaica location with strong transit connectivity
Potential for increased density (subject to verification)
Ideal for hotel, mixed-use, or commercial repositioning
Positioned in a high-growth, high-demand submarket
Disclaimer:
All zoning, FAR, and buildable area figures are approximate and subject to independent verification by purchaser.
Prime development opportunity at 89-71 164th Street, offered with approved plans for a ~30,000 square foot hotel development. This shovel-ready project presents a rare chance for developers and investors to capitalize on a fully entitled hospitality asset in one of Queens’ fastest-growing corridors.
The approved plans feature an efficient, multi-story hotel layout with optimized floor plates, reducing both pre-development timelines and execution risk.
Situated in the heart of Jamaica, Queens, the property benefits from:
Proximity to Jamaica Avenue’s major retail corridor
Excellent access to LIRR, AirTrain, and multiple subway lines
Strong demand drivers including JFK Airport, commercial centers, and institutional uses
Additional Development Potential:
The property is located within a C6-2 zoning district on an approximately 14,200 square foot lot.
Preliminary zoning analysis indicates the potential for increased buildable square footage beyond the approved plans, subject to verification by purchaser’s architect and zoning consultant.
Investment Highlights:
Approved ~30,000 SF hotel development (shovel-ready)
Prime Jamaica location with strong transit connectivity
Potential for increased density (subject to verification)
Ideal for hotel, mixed-use, or commercial repositioning
Positioned in a high-growth, high-demand submarket
Disclaimer:
All zoning, FAR, and buildable area figures are approximate and subject to independent verification by purchaser.
Property Facts
| Price | $11,740,200 CAD | Construction Status | Final Planning |
| Price Per Room | $150,515 CAD | Building Size | 39,000 SF |
| Sale Type | Investment | No. Rooms | 78 |
| Sale Condition | Building in Shell Condition | No. Stories | 5 |
| Property Type | Hospitality | Year Built | 2027 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC | ||
| Zoning | C4-5X | ||
| Price | $11,740,200 CAD |
| Price Per Room | $150,515 CAD |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.14 AC |
| Construction Status | Final Planning |
| Building Size | 39,000 SF |
| No. Rooms | 78 |
| No. Stories | 5 |
| Year Built | 2027 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C4-5X |
Amenities
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 78 | $354.97 CAD | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 09794-0025 | Improvements Assessment | $2,073,820 CAD |
| Land Assessment | $526,332 CAD | Total Assessment | $2,600,152 CAD |
Property Taxes
Parcel Number
09794-0025
Land Assessment
$526,332 CAD
Improvements Assessment
$2,073,820 CAD
Total Assessment
$2,600,152 CAD
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Clarion Hotel Queens | 89-71 164th Street
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