NY
Queens
Jamaica
11432
8971 164th Street
8971 164th Street, Jamaica, NY 11432
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Listing Type
Commercial/Industrial
Listing Status
Active
3
$8,950,000

Home Details for 8971 164th Street

Price
$8,950,000
Type
Commercial Sale
Year built
1951
Lot size acres
0.1385
County
Queens
Basement
Full
Days on site
64
MLS Listing#
957832
Property Description

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.

Property Features
  • Heating Information
    • Other
  • Water Features
    • Public
  • Utilities
    • See Remarks
  • Basement
    • Full
Listing Courtesy: Corcoran - 212-683-8300
Presented by: Matthew P. Holt
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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EXIT REALTY DKC
3825 East Tremont Ave, Bronx, NY 10465
Justin Simmons
Associate Broker
Office
718 676 1371
Agent
917 254 2103
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