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89-02 171st StreetQueens, NY 11432

For Sale

$15,000,000

Smart Buyer Rebate $187,500

We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood. Property Highlights:Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development.Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments.Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area.Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.

Listed by Mark Karten

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KARTEN REAL ESTATE SERVICES LLC

·

(917) 502-2635

Last updated May 15, 2026

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Source: REBNY #RLS10999538

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodYale Terrace
  • Days on Prevu687
  • Size1,584 sqft
  • Price per sqft$9,470

Location

Mortgage Calculator

Listing History

10/26/2025
Status changed to Active
$15,000,000
10/25/2025
Status changed to Removed from Feed
$15,000,000
01/17/2025
Status changed to Active
$15,000,000
01/16/2025
Status changed to Removed from Feed
$15,000,000
10/14/2024
Status changed to Active
$15,000,000
10/14/2024
Status changed to Removed from Feed
$15,000,000
07/28/2024
Listed by KARTEN REAL ESTATE SERVICES LLC
$15,000,000

Estimated Closing Costs

Total
$833,000
Attorney Fees
$4,000
NYC Mansion Tax
$525,000
Title Insurance
$67,500
Bank Attorney
$1,500
Mortgage Recording Tax
$231,000
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $15,000,000 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 89-02 171st Street

Association

Amenities

  • Pets Allowed: Building No, Yes

Exterior

Construction

  • Stories Total: 2
  • Year Built: 1920

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Area: 2,200
  • Lot Size Dimensions: 22
  • Lot Size Units: SquareFeet

Interior

Measurements

  • Living Area: 1,584
  • Living Area Units: SquareFeet

Other

Location

  • City Region: Queens
  • Subdivision Name: Jamaica
  • Tax Block: 9805
  • Tax Lot: 9805

Frequently Asked Questions

How many bedrooms does this single-family home have?

There is bedrooms in this single-family home at 89-02 171st Street.

How does 89-02 171st Street compare to other single-family homes in Yale Terrace?

This single-family home is listed 44% above the average price for single-family homes in Yale Terrace and has been on the market for 462 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,584 sqft.

89-02 171st Street is a -bedroom single-family home for sale in Queens NY 11432. Listed on Prevu for 687 days at $15,000,000. This residence features 1,584 square feet of living space, located in Queens. The median listing price for single-family homes in this area is $15,000,000. View other single-family home listings in Queens.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.