---
title: "89-71 164TH Street #COMMERCIAL, Jamaica, NY 11432"
description: "89-71 164TH Street #COMMERCIAL, Jamaica, NY 11432 — NYC real estate listing on Real Estate Rebate Team. Priced at $8,500,000. Est. potential buyer savings up to $212,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11432/89-71-164th-street-commercial-COMMERCIAL-ny-11432"
source: "Real Estate Rebate Team"
---

# 89-71 164TH Street #COMMERCIAL, Jamaica, NY 11432

> **Listing Courtesy of:** Corcoran Group

## Description

89-71 164th Street - Approved Hotel Development Opportunity Jamaica, Queens
 Prime development opportunity at  89-71 164th Street, offered with  approved plans for approximately 30,000 square feet of hotel development. This shovel-ready project allows a developer to move forward immediately with a fully entitled hospitality asset in one of Queens' growing corridors.
 The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square feet, helping streamline construction and maximize usability.
 Situated in the heart of  Jamaica, Queens, the property benefits from strong proximity to major transportation, including the  LIRR, AirTrain to JFK, and multiple subway lines, as well as the Jamaica Avenue retail corridor and surrounding commercial activity.
  Property Details
   Approx.  9,800 SF lot (per plot plan)   Approved  30,000 SF hotel development   Approx.  6,000 SF floor plates   Located in a  C6-2 zoning district    Investment Highlights
   Shovel-ready with approved plans   Prime transit-oriented location JFK Airport   Strong demand drivers from retail, commercial, and institutional uses   Efficient building layout for hotel or hospitality use    Disclaimer
 All square footage, zoning, and development information is approximate and subject to independent verification by purchaser.

## Property Details

- **Price**: $8,500,000
- **Potential Buyer Rebate**: $212,500
- **Bedrooms**: 0
- **Property Type**: Residential
- **Year Built**: 1951
- **Building**: 89-71 164TH Street
- **Neighbourhood**: Jamaica
- **Area / Borough**: Queens
- **Subdivision**: Jamaica
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$212,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/queens/89-71-164th-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/queens/jamaica)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.