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For SaleLuxury

$7,000,000

141 days on market

87-26 175th Street

Jamaica, NY 11432

View records
· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

2008

Built

Listing narrative

Description

Ideal 1031 replacement property with predictable cash flow. Turnkey asset structured for seamless tax deferred exchanges. Free Market: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 12 Residential Units & 4 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, 7-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: 12 Premium two BR two Bath Residential Units + 4 On-Site Parking Spaces. • The Building: 7-Story Elevator Asset with four parking spaces. • 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 5 min • 169 St Station (F train) — about 6 min • F Train goes directly to Manhattan/Queens • Jamaica LIRR Station / AirTrain JFK — 10-15 min by bus or subway The property is also near multiple bus stops along Jamaica Avenue including: • Q1, Q2, Q3, Q36, Q43, Q76, Q77 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.

Listing agent (MLS): Sarah Kim · Listing brokerage (MLS): Compass Greater NY LLC

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$7,000,000

Beds

Beds n/a

Type

Multi-Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.19 acres

Year

2008

Status

For Sale

Days on Market

141

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Compass Greater NY LLC

87-26 175th Street, Jamaica | Keller New York