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Address: ‎172-18 Jamaica Avenue
Zip Code: 11432
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$11,000,000
MLS # 1005497
English
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Compass Greater NY LLC Office: ‍516-703-3378

$11,000,000 - 172-18 Jamaica Avenue, Jamaica, NY 11432|MLS # 1005497

MLS #‎ 1005497
Construction Year2020
Taxes
(per year)
$30,341
Fuel TypeElectric
Heat typeElectric
Air
Conditioning
Central Air
Bus0 min: Q110
2 min: Q54, Q56
3 min: Q30, Q31
5 min: Q42, Q83, X64
6 min: Q06, Q08, Q09, Q1, Q17, Q2, Q20A, Q20B, Q3, Q36, Q4, Q41, Q43, Q44, Q5, Q76, Q77, Q84, Q85, X68
7 min: Q24
Subway8 min: F
LIRR1.1 miles: "Hollis"
1.2 miles: "Jamaica"
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房屋英文概況 English Description

Prime Transit-Oriented Bulk Condo Offering:
Downtown Jamaica, Queens | 16 Residential Units, Commercial Space & 11 Parking Spaces
An exceptional investment opportunity in one of New York City’s most dynamic and accessible transit hubs. This bulk condominium package delivers immediate scale, majority asset control, and multiple exit strategies.
The Offering:
Discover a newly renovated, 6-story elevator condominium building designed for urban convenience. This package features the vast majority of the building's inventory, presenting a rare turnkey acquisition for institutional investors, 1031-exchange buyers, or preservation funds.
The Portfolio: 16 Premium Residential Units + 11 On-Site Parking Spaces + Commercial Space.
The Building: 6-Story Elevator Asset with a Finished Basement and total 16 units.
The Control: Immediate majority control of the condominium board.
Unmatched Connectivity
Situated in the absolute heart of Downtown Jamaica, this property boasts a near-perfect transit profile. Residents enjoy effortless commutes across New York City and Long Island.
Transit access:
179 St Station (F train) — about 10 min
169 St Station (F train) — about 9 min
Jamaica Center (E, J, and Z trains)- 1.1 miles
Jamaica LIRR Station / AirTrain JFK/ Sutphin Blvd-E/J/Z subway
The property is also near multiple bus stops along Jamaica Avenue/172 St & 173 St

Investment Highlights:
High-Yield Rental Strategy: Capitalize on the historic rental demand in Queens with a high-density, low-vacancy asset.
Fractionalized Exit Strategy: Hold for immediate cash flow and retail individual condo units over time to maximize total ROI.
Rapidly Growing Neighborhood: Benefit from the continuous public and private investments shaping Downtown Jamaica's commercial and residential landscape.
*Excellent opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Compass Greater NY LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of Compass Greater NY LLC

公司: ‍212-913-9058




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$11,000,000
COMMERCIAL
MLS # 1005497
‎172-18 Jamaica Avenue
Jamaica, NY 11432


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