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.
Active
$15,000,000
8902 171st St, Jamaica, NY 11432
3beds
1,584sqft
Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$9,470/sqft
$-- HOA
What's special
Enhanced visibility and accessibilityCorner lot
- 647 days |
- 381 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Karten Real Estate Services LLC 917-502-2635,
Mark Karten
Source: StreetEasy,MLS#: S1739867
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
Property
Details
- Parcel number: 098050055
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Jamaica
Location
- Region: Jamaica
Financial & listing details
- Price per square foot: $9,470/sqft
- Tax assessed value: $813,000
- Date on market: 10/15/2024
Estimated market value
Not available
Estimated sales range
Not available
$3,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Listed for sale | $15,000,000$9,470/sqft |
Source: StreetEasy #S1739867 Report a problem | ||
| 7/1/2023 | Listing removed | -- |
Source:  OneKey® MLS as distributed by MLS GRID #3386368 Report a problem | ||
| 3/28/2022 | Listed for sale | $15,000,000+50%$9,470/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3386368 Report a problem | ||
| 12/29/2020 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 6/30/2020 | Listed for sale | $10,000,000+4508.3%$6,313/sqft |
Source: RE/MAX Team #3227476 Report a problem | ||
| 5/3/2000 | Sold | $217,000+49.7%$137/sqft |
Source: Public Record Report a problem | ||
| 1/28/2000 | Sold | $145,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $48,780 -1.6% |
| 2024 | -- | $49,560 -7.4% |
| 2023 | -- | $53,520 +20.1% |
| 2022 | -- | $44,580 -0.5% |
| 2021 | -- | $44,820 +11.8% |
| 2020 | $5,029 +6.4% | $40,080 +5.4% |
| 2019 | $4,727 +0.9% | $38,040 +69.9% |
| 2018 | $4,684 +2.6% | $22,392 |
| 2017 | $4,565 +12.9% | $22,392 +0.8% |
| 2016 | $4,042 | $22,222 +6% |
| 2015 | $4,042 +61.7% | $20,965 +6% |
| 2014 | $2,500 | $19,779 +6% |
| 2013 | -- | $18,660 -6.3% |
| 2012 | -- | $19,920 +2.6% |
| 2011 | -- | $19,407 |
| 2010 | -- | $19,407 +2.7% |
| 2009 | -- | $18,895 +6% |
| 2008 | -- | $17,827 +6% |
| 2007 | -- | $16,819 +4% |
| 2006 | -- | $16,173 |
| 2005 | -- | $16,173 +2.7% |
| 2004 | -- | $15,746 +6% |
| 2003 | -- | $14,856 +6% |
| 2002 | -- | $14,016 +4% |
| 2001 | -- | $13,478 |
| 2000 | -- | $13,478 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Jamaica
Nearby schools
GreatSchools rating
- 8/10Ps 95 EastwoodGrades: K-5Distance: 0.4 mi
- 6/10Is 238 Susan B AnthonyGrades: 6-8Distance: 0.6 mi
- 3/10Cambria Heights AcademyGrades: 9-12Distance: 1 mi
- $---- bd-- ba-- sqft8902 171st St #7D, Jamaica, NY 11432Off Market
- $---- bd-- ba-- sqft8902 171st St #7F, Jamaica, NY 11432Off Market
- $872,700-- bd-- ba1.5k sqft8904 171st St, Jamaica, NY 11432Off Market
- $872,800-- bd-- ba1.5k sqft8906 171st St, Jamaica, NY 11432Off Market
- $--2 bd1 ba-- sqft170-14 89th Ave #5A, Jamaica, NY 11432Off Market
- $--1 bd1 ba-- sqft170-14 89th Ave #2, Jamaica, NY 11432Off Market
- $--1 bd1 ba780 sqft170-14 89th Ave #2A, Jamaica, NY 11432Off Market
- $371,9001 bd1 ba625 sqft170-14 89th Ave #2B, Jamaica, NY 11432Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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