89-02 171st Street

89-02 171st Street, New York, NY, 11432

$15,000,000

active

Bedrooms

Bathrooms

Sq Ft

1,584

Lot Size

2,200 sqft

Year Built

1920

Type

Single Family

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$80,438/month estimated

Principal & interest: $79,836
Property tax: $477
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $3,000,000 · Loan amount: $12,000,000

Description

We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood.Property Highlights:Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development.Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments.Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area.Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.

Appliances

✓ Gas Water Heater

Property Details

Cooling: None
Heating: Natural Gas, Hot Water
Basement: Finished

Schools

Elementary

Ps 95 Eastwood

Queens 29

Middle

Is 238 Susan B Anthony Academy

Queens 29

High

Cambria Heights Academy

Queens 29

Location

Get directions →

Map of 89-02 171st Street, New York, NY, 11432

Listed by Mark Karten PSA SRS, Karten Real Estate Svcs LLC

MLS# KEYL3544396929-605-5545

Listings courtesy of OneKey® MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Mar 27, 2026, 8:08 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.

Interested in this property?

Fill out the form below and an agent will get back to you.