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$1,295,000
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Property Description
DEVELOPMENT SITE - R8A / SPECIAL DOWNTOWN JAMAICA DISTRICT. Rare opportunity to acquire a 25 x 100 lot (2,500 SF) rezoned under the 2025 Jamaica Neighborhood Plan, delivering over 8x the density of the prior zoning. Build up to 15,050 BSF as-of-right (6.02 FAR) or up to 18,000 BSF with the Universal Affordability Preference bonus (7.20 FAR). Community facility FAR of 6.50 allows 16,250 BSF. Max height approx. 120 ft as-of-right, 135 ft with qualifying affordable housing. Currently improved with a 2.5-story detached 1-family (approx. 1,800 SF, built 1925), delivered in place - ideal for land banking, assemblage, or immediate development filing. Approx. 13,250 SF of unused as-of-right development rights. Steps from the Sutphin Blvd-Archer Ave hub: LIRR, E/J/Z subway & JFK AirTrain. Priced at $86/BSF as-of-right, $72/BSF with UAP - below recent guidance on nearby institutional assemblages. Block 10033, Lot 6. All zoning figures are estimates; buyer to verify with own architect and zoning counsel.
Full Property Details
Full Property Details for 148-12 97th Ave
General
- Price: $1,295,000
- Taxes: $5,267
- Status: Active
- Type: Lots/Land
- Source: Long_Island
- MLS ID: 1024598
- Updated: 7/10/2026
- Added to Site: 11 day(s) ago
Location
- County: Queens
School Information
- High School District: Queens 28
- Elementary School: Ps 50 Talfourd Lawn Elementary Sch
- Middle School: Hillcrest High School
- High School: Hillcrest High School
Utilities
- Sewer: Public Sewer
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Zoning: R8A
Financial Considerations
- Tax Amount: $5,267
Disclosures and Reports
- Special Conditions: None
- Property ID: 10033-0006
Listed by NY Space Finders Inc
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Schools
Schools serving 148-12 97th Ave
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 50 Talfourd Lawn Elementary School 143-26 101st Ave, Queens, NY 11435 | PK-5 | 0.3 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 0.9 mi |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 0.9 mi |
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432 | 9-12 | 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 148-12 97th Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$1,295,000
331.67%
MLS
3/06/2018
Sold
$300,000
—
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 148-12 97th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,030
—
$26,544
6%
2025
$5,030
6%
$25,043
-42%
2024
$4,749
—
$42,900
81%
2023
$4,749
—
$23,645
-47%
2022
$4,761
2%
$44,220
17%
2021
$4,655
5%
$37,680
-4%
2020
$4,417
6%
$39,300
17%
2019
$4,171
13%
$33,660
71%
2017
$3,683
—
$19,704
1%
2017
$3,683
9%
$19,537
6%
2016
$3,375
9%
$18,433
6%
2015
$3,092
9%
$17,391
6%
2015
$2,841
6%
$16,420
—
2013
$2,671
—
$16,420
—
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 148-12 97th Ave
14812 97th Avenue, Jamaica, NY 11435 (MLS# 1024598) is a Lots/Land property with a lot size of 0.0574 acres. 14812 97th Avenue is currently listed for $1,295,000 and was received on July 10, 2026. Want to learn more about 14812 97th Avenue? Do you have questions about finding other Lots/Land real estate for sale in Jamaica Estates? You can browse all Jamaica Estates real estate or contact a Coldwell Banker agent to request more information.

