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$7,000,000
10 Days On Site

87-26 175th Street
Jamaica, NY 11432

For Sale|Multi Family|Active
0
Beds
0
Total Baths
27,149
SqFt
$258
/SqFt
2008
Built
County:
Queens
Listing courtesy of Compass Greater NY LLC sarah.kim@compass.com
Call Now: 914-682-1799
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914-682-1799
87-26 175th Street87-26 175th Street87-26 175th Street87-26 175th Street
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Monthly Payment (Est.)

$31,937
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$7,000,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
27,149 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
2008
MLS® Number 
1005737
Status 
Active
Property Tax 
$8,123
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.19
Number Of Stories 
7
Parking 
Private
Parking Spaces 
4
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
27149
Style 
High Rise
Utilities 
Natural Gas AvailableElectricity AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Finished
Cooling 
Wall/Window Unit(s)
Flooring 
CarpetHardwood
Heating 
Baseboard
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Exterior Features
Construction Details 
Brick
Lot Features 
Near Public Transit
Community Features
Community Features 
Park
School District 
Queens 29
Schools
School District
Queens 29
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Greater NY LLC sarah.kim@compass.com


Based on information submitted to the MLS GRID as of 2026-06-08 05:44 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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