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    1 home
      1 home available
      148-49 88 Avenue, Jamaica, NY 11435
      148-49 88 Avenue, Jamaica, NY 11435
      $2,750,000
      beds
      sqft
      acres
      House for Sale

      148-49 88 Avenue, Jamaica, NY 11435

      Listing by: Exit Realty DKC
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Membio
      OneKey® MLS
      148-49 88 Avenue, Jamaica, NY 11435
      148-49 88 Avenue, Jamaica, NY 11435
      $2,750,000
      beds
      full,half bath
      sqft
      acres

      148-49 88 Avenue, Jamaica, NY 11435

      City/Town:Jamaica   Post Office: Jamaica     

      House for Sale by Mohammed JihanExit Realty DKC.

      Data checked -. Listing last updated 238 days ago.
      1. Overview
      2. Details
      3. More 

      For Sale – Prime Development Opportunity in Jamaica, Queens! Two adjacent 3-family homes at 148-49 & 148-47 88th Ave, Jamaica, NY 11435 (MLS #845183 & #845201). These properties are located on a combined 6,000 sqft corner lot with R7A zoning, providing excellent development potential for builders, investors, or developers looking for high-return properties in a fast-growing area. These two properties generates $35,000/month in rental income, totaling $420,000/yearly, making this a fantastic income-producing investment. The corner lot offers excellent visibility and access, and the properties are positioned in a prime location near public transportation, highways, shopping centers, and schools. With R7A zoning, these properties allow for high-density residential or mixed-use development, offering significant upside for future redevelopment or expansion. The demand in the area is growing, and this is a rare chance to acquire two adjacent properties with substantial rental income and tremendous future potential. This opportunity won’t last long!

      Internet Serviceability
      Details
        Property type
      Residential Income
        Year built
      1931
        Heating
      Oil
        Cooling
      Wall/Window Unit(s)
        Total rooms
        Garage
      No
        City/Town
      Jamaica
        Post Office
      Jamaica
        Parking spots
      2
      845183
      MLS ID
      Active
      Status
      04/05/2025
      On Market Date
        Laundry features
        Flooring
        Fireplace
      No
        Pets allowed
        Architectural Style
        Basement
      Full
        View
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Brick
      Monthly taxes
      $3,500
      Yearly taxes
      $42,000
      Community Features
      -
      School district
      Schools
      -
      Senior community
      Yes
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      MJ
      Mohammed Jihan
      MH
      Md Zubayer Hossain Dhali
      MJ
      Mohammed Jihan
      Real Estate Salesperson, Exit Realty DKC
      Direct Number 
       
      MH
      Md Zubayer Hossain Dhali
      Real Estate Salesperson, Exit Realty DKC
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      148-49 88 Avenue, Jamaica, NY 11435, is a Multi Family built in 1931. This property is currently available for sale and was listed on OneKey® MLS on 4-5-2025. The MLS# for this Multi Family is MLS# 845183.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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