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A Jamaica lot with approved plans to build a hotel is up for sale for a huge asking price.

NAI Queens announced on Feb. 15 that a vacant lot located at 149-21 through 149-29 Archer Ave. is on the market with an asking price of $3,600,000.

The 4,027-square-foot lot sits comfortably on the corner of Archer Avenue and 150th Street. Just three blocks away from Long Island Rail Road, subway lines and the AirTrain, the lot can cater to residents and travelers who are looking for easy access to public transportation to nearby shops and restaurants.

The lot is suitable for residential, commercial or mixed-use development and has been approved for construction of a 15-story, 32,000-square-foot hotel building. A rendering has been released of the potential hotel, which would have 72 units, that could be built on the site:

The lot is also in close proximity to York College, Queens County Family Court, Jamaica Performing Arts Center, Jamaica Multiplex Cinemas and King Manor Museum.