Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.2 Acres |
Financials
Listing Courtesy of Compass Greater NY LLC
Prime Transit Oriented Bulk Condo Offering Downtown Jamaica, Queens 16 Residential Units, Commercial Space amp ; 11 Parking Spaces An exceptional investment opportunity in one of New York City s ...
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.
Amenities
- Balcony
- Electricity Available
- Laundry
- Lobby
- Natural Gas Available
- Near Public Transit
- Near School
- Near Shops
- Sewer Connected
- Trash Collection Public
- Video Cameras
- Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.