# 8971 164th Street, Jamaica, NY 11432

> **TL;DR:** commercial, $8,500,000, built 1951. Est. $36,833/mo. Listed 119 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $8,500,000 |
| Year Built | 1951 |
| Lot Size | 6,033 sqft (0.14 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 119 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $36,833 |
| **Total** | **$36,833** |

## Property Highlights

- Built in 1951
- 0.14 acre lot

## Description

### Agent 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' most active and 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.

## Location

- **Address:** 8971 164th Street, Jamaica, NY 11432
- **County:** Queens

## Listing Agent

- **Name:** Matthew P. Holt
- **Brokerage:** Corcoran
- **Phone:** 6463879417
- **Email:** matt.holt@corcoran.com

## Primary Photo

![8971 164th Street - Primary Photo](http://lh.rdcpix.com/4696b599999077ab51f19df7760f3bedl-f367452390r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/8971-164th-street-jamaica-ny-11432-y957832)*

---

**MLS#:** 957832 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8971-164th-street-jamaica-ny-11432-y957832)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "8971 164th Street, Jamaica, NY 11432",
  "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' most active and growing corridors. The approved plans feature an efficient multi-story hotel design with floor plates of approximately 6,000 square fee",
  "url": "https://www.propertysimple.com/listing/8971-164th-street-jamaica-ny-11432-y957832",
  "image": "http://lh.rdcpix.com/4696b599999077ab51f19df7760f3bedl-f367452390r.jpg",
  "datePosted": "2026-06-19",
  "price": 8500000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "8971 164th Street",
    "addressLocality": "Jamaica",
    "addressRegion": "NY",
    "postalCode": "11432",
    "addressCountry": "US"
  },
  "yearBuilt": 1951
}
```