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USANYJamaica172-18 Jamaica Ave
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172-18 Jamaica Ave, Jamaica, NY

Real Estate

For Sale

Listed price in listed location currency (USD).
$11,000,000

0011

MLS® 1005497

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $30,341
Days Active 2
Approx. Age 2020
MLS® Number 1005497

Property Address: 172-18 Jamaica Ave, Jamaica, NY, 11432-5526

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1005497
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2020
Stories6
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$11,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
172-18 Jamaica Ave, Jamaica, NY

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