148-18 89th ave is a 31' x 145' lot in downtown Jamaica currently occupied by a (2) family house. This provides the rare opportunity for a developer/investor to build a 25,000 SF residential building facing 89th ave. This lot is located 5 minutes from the Jamaica Transportation Hub which provides access to (4) subway lines, the Long Island Railroad and the Air Train. The area as seen tremendous public and private investment in recent years which has yet to translate into a sharp increase. The property is currently cash flowing, but can be delivered vacant. This site is located within a designated Opportunity Zone.
Listed by Rohani Harkissoon
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Property Professionals Realty
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929-224-0479
Last updated August 28, 2025
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Source: OneKey #816733
Listing Facts
TypeMulti-family
NeighborhoodJamaica
Bedrooms10
Bathrooms5
Days on Prevu226
Taxes$9,326/year
Location
Mortgage Calculator
Listing History
08/28/2025
Price Increased
$2,200,000
08/28/2025
Price Decreased
$220,000
06/29/2025
Status changed to Active
$2,250,000
06/26/2025
Status changed to Temporarily Off Market
$2,250,000
06/21/2025
Price Increased
$2,250,000
06/18/2025
Price Decreased
$2,200,000
05/04/2025
Price Decreased
$2,300,000
04/02/2025
Price Decreased
$2,350,000
01/23/2025
Listed by Property Professionals Realty
$2,400,000
Estimated Closing Costs
Total
$80,780
Attorney Fees
$4,000
NYC Mansion Tax
$27,500
Title Insurance
$9,900
Bank Attorney
$1,500
Mortgage Recording Tax
$33,880
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $2,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 148-18 89th Avenue
Exterior
Construction
Number Of Units Total: 2
Property Condition: Fixer
Window Features: Wood Frames
Year Built: 1920
Architectural Style: A-Frame
Construction Materials: Vinyl Siding
Exterior Features: Balcony, Mailbox
Measurements
Building Area Total: 4,495
Building Area Units: Square Feet
Lot Features: Front Yard, Garden, Landscaped, Near Public Transit, Near School, Near Shops, Private
Lot Size Dimensions: 31,145
Financial
Taxes
Tax Annual Amount: $9,326.00
Tax Assessed Value: $87,180.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Formal Dining, Granite Counters, Kitchen Island, Pantry, Recessed Lighting, Storage, Tile Counters
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 10
Other
Location
Tax Block: 09681
Tax Lot: 0058
Parking
Parking
Garage Spaces: 2
Garage: Yes
Schools
Elementary School
Elementary School: Ps 54 Hillside
Elementary School District: Queens 28
High School
High School: Hillcrest High School
High School District: Queens 28
Middle or Junior School
Middle Or Junior School: Jhs 217 Robert A Van Wyck
Middle Or Junior School District: Queens 28
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Laundry Features: Other
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water Source: Public
The data relating to real estate for sale on this website comes in part from the IDX
Program of OneKey™ MLS. The source of the displayed data is either the property owner
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
