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89-71 164th Street COMMERCIAL, Queens NY 11432
89-71 164th Street COMMERCIAL, Queens NY 11432
89-71 164th Street COMMERCIAL, Queens NY 11432
89-71 164th Street COMMERCIAL, Queens NY 11432
89-71 164th Street COMMERCIAL, Queens NY 11432
89-71 164th Street COMMERCIAL, Queens NY 11432
New York>Queens>Jamaica

89-71 164th Street COMMERCIALQueens, NY 11432

For Sale

$8,500,000

Smart Buyer Rebate $106,250

89-71 164th Street - Approved Hotel Development Opportunity Jamaica, Queens
Prime development opportunity at 89-71 164th Street, offered with approved plans for approximately 30,000 square feet of hotel development. This shovel-ready project allows a developer to move forward immediately with a fully entitled hospitality asset in one of Queens' growing corridors.
The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square feet, helping streamline construction and maximize usability.
Situated in the heart of Jamaica, Queens, the property benefits from strong proximity to major transportation, including the LIRR, AirTrain to JFK, and multiple subway lines, as well as the Jamaica Avenue retail corridor and surrounding commercial activity.
Property Details
Approx. 9,800 SF lot (per plot plan) Approved 30,000 SF hotel development Approx. 6,000 SF floor plates Located in a C6-2 zoning district Investment Highlights
Shovel-ready with approved plans Prime transit-oriented location JFK Airport Strong demand drivers from retail, commercial, and institutional uses Efficient building layout for hotel or hospitality use Disclaimer
All square footage, zoning, and development information is approximate and subject to independent verification by purchaser.

Listed by varun sharma

·

Corcoran Group

·

(917) 873-3085

Listed by Matthew Holt

·

Corcoran Group

Last updated March 25, 2026

·

Source: REBNY #RLS20069839

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodJamaica
  • Days on Prevu61

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

03/20/2026
Price Decreased
$8,500,000
02/21/2026
Price Decreased
$8,950,000
02/02/2026
Listed by Corcoran Group
$9,500,000

Estimated Closing Costs

Total
$369,900
Attorney Fees
$4,000
NYC Mansion Tax
$191,250
Title Insurance
$38,250
Bank Attorney
$1,500
Mortgage Recording Tax
$130,900
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $8,500,000 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 89-71 164th Street COMMERCIAL

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 3
  • Year Built: 1951
  • Entry Level: 1

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Rooms Total: 1

Other

Location

  • City Region: Queens
  • Subdivision Name: Jamaica
  • Tax Block: 09794
  • Tax Lot: 0020

Frequently Asked Questions

How many bedrooms does this single-family home have?

There is bedrooms in this single-family home at 89-71 164th Street COMMERCIAL.

How does 89-71 164th Street COMMERCIAL compare to other single-family homes in Jamaica?

This single-family home is listed 532% above the average price for single-family homes in Jamaica and has been on the market for 45 less days than the typical home in this area.

89-71 164th Street COMMERCIAL is a -bedroom single-family home for sale in Queens NY 11432. Available on Prevu for 61 days at $8,500,000. This includes a recent price decrease of $450,000. This property is located in Jamaica. The median listing price for single-family homes in this area is $699,950. Additional amenities include private outdoor space. Browse more 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.