ocated at 148-12 Archer Avenue, Jamaica, NY 11435, this vacant lot presents a prime development opportunity in the heart of Jamaica, Queens. The property comes with approved plans for a mixed-use building comprising 17 residential units and one commercial space, making it an attractive investment for developers and investors alike.

Property Details

• Lot Size: The lot measures 20 feet by 100 feet, totaling approximately 2,000 square feet. Compass
• Approved Plans: The existing plans allow for the construction of a mixed-use building with 17 residential units and a commercial space on the ground floor. Compass
• Zoning: The property is zoned for commercial use, providing flexibility for various development options. PropertyShark

Location Highlights

• Transportation: Situated just 0.1 miles from the Sutphin Blvd & Archer Ave subway station, the location offers easy access to the E, J, and Z train lines, facilitating convenient commuting throughout New York City. PropertyShark
• Neighborhood Amenities: The property is located in a vibrant area with numerous shopping centers, restaurants, and essential services, enhancing its appeal to potential residents and businesses.

Investment Potential

• Growing Community: Jamaica, Queens, is experiencing significant development, with new residential and commercial projects contributing to the neighborhood’s growth and increasing property values.
• Income Generation: The planned 17 residential units and commercial space offer substantial potential for rental income, making this property a lucrative investment opportunity.

This vacant lot, with its approved development plans and strategic location, is ideal for investors and developers aiming to capitalize on the ongoing growth in Jamaica, Queens.