95-03 Cresskill Place
Jamaica, NY, 11435 $ 6,700,000
Bedrooms-- Baths-- Sq 6,528 Monthly Estimate*
$ 41,253
for $6,700,000. This 6,528 square foot building was built in 1931 on a lot size of 0.120523.
9503 & 9507 Cresskill Place Jamaica, Queens 8 Free Market Units 2 Buildings Zoning Upside Strong In-Place Income Two adjacent four-unit buildings offered as a package in a quiet, residential pocket of Jamaica, Queens. This well-maintained, income-producing portfolio includes 8 free market residential units-delivered occupied-great for long-term stability, future repositioning, or redevelopment. 9503 Cresskill Place Features four units ranging from approx. 597-723 sq ft with a mix of one- and two-bedroom layouts. Units include windowed kitchens, generous living areas, and ample in-unit storage. 9507 Cresskill Place Four additional units including layouts up to 1,163 sq ft. Select residences feature oversized living rooms, dedicated dining areas, and multiple exposures. One unit spans nearly 40 feet across, offering townhouse-style proportions. The properties have been well maintained and held by long-term ownership. Current rent roll available upon request. Zoning: R5A Lot Size: 5,250 sq ft Zoning allows for an additional two stories of development with potential to expand to just over 10,806 buildable square feet (confirm all details with an architect). Downtown Jamaica is a vibrant hub in Queens, known for its bustling retail district, diverse shopping, and strong sense of community. From major retailers to local businesses, the area offers everything you need-and more. York College anchors the south side with a tree-lined campus, ample parking, and great public transit access. Residents enjoy nearby museums, parks, fitness centers, and movie theaters. The LIRR and multiple subway lines make commuting to Manhattan and beyond fast and convenient. With ongoing high-rise development, Downtown Jamaica is on the rise as a dynamic place to live, work, and explore. This is a rare opportunity to acquire two turnkey, free market assets with existing cash flow and clear upside in a rapidly growing pocket of Queens.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available
Zoning R5
Construction Materials Brick
Year Built 1931
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2025
County Queens
Property Type Commercial Sale
City New York
Number Of Units Total 8
Property Attached Y/N N
Tax Annual Amount 20400
Showing Instructions Please call/text Ivan Mijalkovic at 347-653-8010 or email at ivan.mijalkovic@corcoran.com. Thank you.
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
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InteriorBasement Finished Full
Flooring Hardwood
Total Stories 2
Basement Features Finished Full
Basement (Y/N) Y
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ExteriorParking Features Detached Driveway Detached Driveway
Water Source Public
Total Parking 2
Parking Spaces 2
Building Area Total 6528
Waterfront Y/N N
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* Excluded FeaturesList ByIvan MijalkovicListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $41,253
- Monthly Property Taxes
- $1,700
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Jamaica, NY
Average List Price $2,123,459
Percent of Sale Price 68%
About Jamaica, NY 231,051 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/28/2025 | $6,700,000 | -15.19% | Price Down |
| 6/2/2025 | $7,900,000 | -16.84% | Price Down |
| 4/17/2025 | $9,500,000 | | Listed Price |