87-26 175th Street Jamaica, NY $ 7,000,000
87-26 175th Street
$ 7,000,000
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87-26 175th Street

Jamaica, NY, 11432
$ 7,000,000
Bedrooms-- Baths-- Sq 27,149

Monthly Estimate*

$ 43,100

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Commercial Property for sale in Jamaica, NY

for $7,000,000. This 27,149 square foot building was built in 2008 on a lot size of 0.19.

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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Commercial Active

Price

$ 7,000,000

Property Type

Commercial

Taxes

$ 8,123

Style

High Rise

Lot Size

0.19

Year Built

2008

Town/City

Jamaica

County/Region

Queens

MLS | Web ID

1005737

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Available Sewer Connected Trash Collection Public Water Connected
Zoning R4-1
Architectural Style High Rise
Security Features Video Cameras
Construction Materials Brick
Year Built 2008
Property Subtype Multi Family
Tax Year 2025
Parcel Number 098301034
Community Features Park
Building Name Aftab Skyview
County Queens
Operating Expense 55930
Property Type Commercial Sale
Building Features Balcony Laundry Lobby
Directions Google Map
City New York
High School District Queens 29
Number Of Units Total 12
Property Attached Y/N Y
Tax Annual Amount 8123
Property Condition Updated/Remodeled
Structure Type High Rise
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 29
Elementary School District Queens 29
Tax Lot 1034
Cap Rate 5
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Interior
Basement Common Finished
Flooring Carpet Hardwood
Total Stories 7
Basement Features Common Finished
Basement (Y/N) Y
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Exterior
Parking Features Private Private
Water Source Public
Total Parking 4
Parking Spaces 4
Building Area Total 27149
Waterfront Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Sarah Kim

Listing Agent

Compass Greater Ny Llc

Broker

718-813-4835

Contact

Affordability Calculator

$43,777
Per Month
98%
2%
0%
Monthly Principal & Interest
$43,100
Monthly Property Taxes
$677
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.
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Nearby
4101341 Elementary School
4103321 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$7,000,000 Listed Price

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87-26 175th Street, Jamaica, NY, 11432 is a Commercial Property for sale at $7,000,000 with 27,149 sqft and a lot size of 0.19. 87-26 175th Street was built in 2008. The property's zip code is 11432 which is in Jamaica, NY