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159-02-14 Hillside Avenue

Bridge Property Advisors has been exclusively retained to market for sale, ground lease or joint venture 159-02-14 Hillside Avenue (the “Property” or “Site”) in the Jamaica neighborhood of Queens.

The Site measures 125’ x 117’ with a footprint of approximately 14,636 square feet. The current zoning is R7A/C1-3/C2-4 offering an FAR of 3.45 for residential use or 4.60 with Inclusionary Housing, allowing for the development of a 50,442 to 67,257 mixed-use development. The Property is also located within the Downtown Jamaica Special Purpose District (DJ).

The Site is currently improved by an 11,837 square foot retail building, which has been demised for thirteen local services tenants, providing excellent cash flow during the entitlement process. All leases contain demolition clauses that can be exercised prior to development.

Property Overview

Address : 159-02-14 Hillside Avenue
Building Class : K1
Lot SF : 14636
Block_Lot : 9765_43
Lot Dimensions : 125' x 117'
Building SF : 11837


Zoning : R7A, C1-3, C2-4, DJ
FAR : 3.45/ 4.60
Total Buildable SF : 50,442 SF - 67,257 SF


Assessment : $1,584,000
Taxes : $170,359
Tax Rate : 10.7550%


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Brian T. Leary
bleary@bridgepany.com (718) 906-6660
Brian Leary
bleary@bridgepropertyadvisors.com (718) 906-6660
Edward Berliner
eberliner@bridgepany.com (718) 906-6665
Jidan Kim
jkim@bridgepany.com (718) 906-6662
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