14812 97th Ave
Comps
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Listing Notes
DEVELOPMENT SITE - R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2,500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15,050 BSF as-of-right (6.02 FAR) or up to 18,000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16,250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1,800 SF, built 1925), delivered in place - ideal for land banking, assemblage, or immediate development filing. Approx. 13,250 SF of unused as-of-right development rights. Steps from the Sutphin Blvd-Archer Ave hub: LIRR, E/J/Z subway & JFK AirTrain. Priced at $86/BSF as-of-right, $72/BSF with UAP - below recent guidance on nearby institutional assemblages. Block 10033, Lot 6. All zoning figures are estimates; buyer to verify with own architect and zoning counsel.
Mortgage Calculator
- Due at close
- $453,250
- Loan amount
- $906,500
- Loan to value
- 70%
- Principal & interestLoan scenario$8,927
- Property taxNot in listing dataNot provided
- InsuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Land financing is not a standard home mortgage. Loan terms are editable; carrying costs are only filled from source data.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more