$15,000,000

89-02 171st St Jamaica, NY 11432

Jamaica Neighborhood

Estimated payment $83,320/month

Total Views 392,146
-- Bed
-- Bath
1,584 Sq Ft
$9,470 Price per Sq Ft

Highlights

  • Pre War Building
  • P.S. 95 - Eastwood Rated A-
  • 4-minute walk to 169 Street

About This Home

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.

Listing Agent

Mark Karten

KARTEN REAL ESTATE SERVICES LLC License #10491207334 Listed on: 07/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 1920

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22.00 x 100.00

Home Design

  • Pre War Building

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling

Community Details

  • Jamaica Subdivision

Listing and Financial Details

  • Legal Lot and Block 55 / 9805

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,720

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: 89th Avenue/90th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Jamaica
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1584.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: None
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2200.0
  • Lot Size Dimensions: 22.00 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 9805
  • Tax Lot: 55
  • Tax Annual: 5720.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,439 $30,190 $9,803 $20,387
2024 $5,451 $28,481 $9,103 $19,378
2023 $5,116 $26,870 $7,953 $18,917
2022 $5,077 $44,580 $15,840 $28,740
2021 $5,316 $44,820 $15,840 $28,980
2020 $5,029 $40,080 $15,840 $24,240
2019 $4,672 $38,040 $15,840 $22,200
2018 $4,267 $22,392 $9,691 $12,701
2017 $4,265 $22,392 $10,670 $11,722
2016 $4,133 $22,392 $10,670 $11,722
2015 $2,500 $20,965 $10,295 $10,670
2014 $2,500 $19,779 $11,666 $8,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 For Sale $15,000,000 0.0% $9,470 / Sq Ft
10/14/2024 10/14/24 For Sale $15,000,000 0.0% $9,470 / Sq Ft
10/12/2024 10/12/24 Off Market $15,000,000 -- --
10/06/2024 10/06/24 Off Market $15,000,000 -- --
07/28/2024 07/28/24 For Sale $15,000,000 0.0% $9,470 / Sq Ft
04/12/2024 04/12/24 For Sale $15,000,000 -- $9,470 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Bargain Sale Deed $217,000 Fidelity National Title Ins
Bargain Sale Deed $217,000 Fidelity National Title Ins
Bargain Sale Deed $145,000 L I Title
Bargain Sale Deed $145,000 L I Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Unknown
Closed $8,378 No Value Available
Closed $161,250 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10999538

Real Estate Board of New York (REBNY)

APN: 09805-0055

New York Queens County Jamaica 11432 Jamaica

89-02 171st St, Jamaica, NY

This home is located at 89-02 171st St, Jamaica, NY 11432 and is currently priced at $15,000,000, approximately $9,469 per square foot. This property was built in 1920. 89-02 171st St is a home located in Queens County with nearby schools including P.S. 95 - Eastwood, I.S. 238 Susan B Anthony Academy, and Rising Stars Islamic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Mark Karten
Listing Agent
Mark Karten
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KARTEN REAL ESTATE SERVICES LLC
(844) 620-3669