Queens Blvd Mixed-Use Development Site – ±144,000 Buildable SF
Market Price
138-98 Queens Boulevard, Jamaica, NY 11435
0.4591 acres
Lot Area
Details:
Highlights:
- ±144k BSF as-of-right mixed-use development site with podium massing for large-format commercial anchors
- Opportunity Zone; delivered vacant, clean, and ready for immediate design + pre-filing
- 200’ Queens Blvd signalized corner suited for medical, supermarket, or education anchors
Description:
Rare opportunity to secure an assignable contract for a 20,000 SF corner development site on Queens Boulevard within the Jamaica North Core growth district. Zoned C4-4D (R8A equivalent), the property supports roughly ±144,000 buildable SF for mixed-use development, including residential, medical, educational, hospitality, and large-format retail. Located at a signalized intersection with 200 feet of Queens Blvd frontage, the site offers exceptional exposure, strong traffic counts, and short walk to Briarwood E/F station. Positioned in an Opportunity Zone and eligible for incentives including FRESH and MIH-related density bonuses, the property offers powerful yield enhancement. Delivered vacant and clean, it provides a streamlined path to redevelopment.
138-98 Queens Blvd sits at a prominent corner in the Briarwood/Jamaica corridor, one of Queens’ most active mixed-use development zones. The property benefits from exceptional visibility along Queens Boulevard, a major arterial roadway that connects Forest Hills, Kew Gardens, and Jamaica, and carries a steady flow of commuters, residents, and commercial traffic throughout the day.
The site is a short 6–8 minute walk to the Briarwood E/F subway station, offering direct access to Midtown Manhattan, Long Island City, and JFK Airport connections. This level of transit access significantly enhances residential demand and supports a wide range of commercial uses, including medical, supermarket, fitness, and institutional tenants.
The surrounding neighborhood is dense, diverse, and highly walkable. Within a few minutes of the property are multiple grocery stores (Key Food, CTown, Desi Bazaar), daily-needs retailers, cafés, bakeries, and an extensive dining corridor along both Queens Blvd and Hillside Avenue. This immediate amenity base is a major draw for future residents and strengthens the viability of large-format commercial users on the lower floors.
The property lies within the Jamaica Neighborhood Plan area, which has attracted sustained public and private investment, including major residential towers, institutional expansions, updated transit infrastructure, and new retail development. Its location within an Opportunity Zone further positions the site as a compelling long-term development play for investors seeking tax-advantaged growth.
With its wide dual frontages, strong transit access, walkable amenities, and proximity to one of Queens’ fastest-growing residential and commercial hubs, 138-98 Queens Blvd offers a prime setting for mixed-use development, delivering both immediate appeal and long-term value.
Prime 20,000 SF corner development site (200' × 100') located at a signalized intersection along Queens Boulevard. Zoned C4-4D (R8A equivalent), permitting approximately 144,000 buildable square feet for mixed-use development. The property sits within an Opportunity Zone and the Downtown Jamaica District, offering strong demand drivers for residential, medical, institutional, and large-format commercial users. Walking distance to the Briarwood E/F subway station, multiple grocery stores, and a dense retail corridor. Ideal for a mixed-use tower with a commercial podium.
Standard NYC utilities available to site
NYC municipal water service
Standard NYC telecommunications available (Verizon, Spectrum, etc.)
Public gas service available; site to be delivered clean
No known easements impacting development
Documents:
| Title | ||
|---|---|---|
| 138-98_Queens_Blvd_Jamaica_NY_Dev_Site_OM.pdf | ||
| 138-98_Queens_Blvd_Jamaica_NY_Dev_Site_OM.pdf |
Location
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