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$1,200,000
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Property Description
Welcome to this versatile mixed-use property offering both space and opportunity in the heart of Jamaica, Queens. Priced at $1.2 MIL this legal 2-family home with a storefront is perfect for buyers looking for flexibility, income potential, or a long-term investment. Each residential unit features 4 bedrooms and 1 full bathroom, offering plenty of room for extended family or rental income. The ground-level storefront includes a kitchenette and bathroom, with direct access to a full basement and a large backyard ideal for additional storage, workspace, or outdoor use. What truly sets this property apart is its location. Surrounded by approximately 16 acres of vacant land and positioned with multiple sides facing this open space, it offers a unique setting you don't often come across. Properties with this kind of positioning can become highly influential within the layout of future development, making this an especially compelling opportunity for buyers thinking long-term. As surrounding land evolves, assets like this already established and strategically placed tend to stand out, offering potential advantages in future planning, positioning, and overall value. This property benefits from newly updated zoning regulations increasing the Floor Area Ratio (FAR) from 2.0 to 6.0, allowing for a significant expansion in buildable potential. With a maximum buildable area of approximately 6,000 square feet, this site is ideal for developers, investors, or end-users looking to capitalize on the area's continued growth and demand Conveniently located near transportation, shopping, and everyday amenities, this property offers the best of both worlds immediate usability with exciting long-term potential.
Full Property Details
Full Property Details for 105-31 150th St
General
- Price: $1,200,000
- Taxes: $8,642
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 981274
- Updated: 5/4/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Open Kitchen
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: On Street
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3600
- Square Feet: 3,600
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $8,642
Disclosures and Reports
- Special Conditions: None
- Property ID: 10112-0058
Listed by Vantage Realty Partners
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Schools
Schools serving 105-31 150th St
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
David N Dinkins School 108-29 155th St, Queens, NY 11433 | PK-5 | 0.3 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 0.8 mi |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 105-31 150th St
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,200,000
823.08%
MLS
2/14/2014
Sold
$130,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 105-31 150th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,504
6%
$42,342
-11%
2024
$8,023
4%
$47,820
24%
2023
$7,715
-1%
$38,411
-15%
2022
$7,766
-2%
$45,300
17%
2021
$7,956
2%
$38,760
5%
2020
$7,786
63%
$36,960
37%
2019
$4,782
11%
$26,940
26%
2017
$4,315
—
$21,312
1%
2017
$4,315
4%
$21,168
2%
2016
$4,160
7%
$20,808
4%
2015
$3,902
78%
$19,954
12%
2013
$2,190
—
$17,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 105-31 150th St
105-31 150th Street, Jamaica, NY 11435 (MLS# 981274) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 105-31 150th Street is currently listed for $1,200,000 and was received on April 06, 2026. Want to learn more about 105-31 150th Street? Do you have questions about finding other Multi-Family real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

