Residential Land For Sale

Picture of Residential Land For Sale in Jamaica, New York, United States

$6,750,000

88-22 Sutphin Blvd
Jamaica, New York, United States

Listed By: Realtyww Info

Listed On: 08/17/2024

Listing ID: GL11588755 View More Details

Description

Commercial Residential. Buildable Lot. Prime Location! Zoning: C4-4A, DJ (IH), Lot area approx. 8, 110 st (source: DOF), Use Groups allowed: 1-6, 8-10, 12. Resi Base FAR: 3.45 (in only market rate units) - approx. 27, 979 sf, max 27 units. Resi Max FAR: 4.60 with Inclusionary Housing component (if affordable units min 20% of FA) - approx., 37, 3000 max 54 units. Commercial FAR: 4.0 - approx. 32, 440 sf., Min base height 40'-0 , Max base height 65'-0 , Max building height - up to 85'-0 (or 8 stories) (in only market rate units), Max building height - up to 95'-0 (or 9 stories) w/inclusionary Housing component (if affordable units min 20% of FA), Commercial and Community Fac. Parking - not required, Resi Parking -50% of market rate units. Great investment for investors.

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Listed by: Rivka Dambrot