95-03 Cresskill Place
Jamaica, NY, 11435 $ 3,300,000
Bedrooms-- Baths-- Sq 3,200 Monthly Estimate*
$ 22,792
for $3,300,000. This 3,200 square foot building was built in 1931.
95-03 & 95-07 Cresskill Place | Jamaica, Queens 8 FREE-MARKET UNITS | 2 BUILDINGS | STRONG CASH FLOW | DEVELOPMENT UPSIDE Two buildings. Eight free-market units. One incredible investment opportunity. Located in the heart of Jamaica, Queens, this rare package offers two adjacent, well-maintained four-family buildings delivering immediate rental income with serious upside potential. Featuring spacious one- and two-bedroom layouts, all eight units are free-market and currently occupied. Situated on a combined 5,250 SF lot with R5A zoning, the properties offer potential for vertical expansion and over 10,806 buildable square feet, subject to verification. Development Potential: Zoning: R5A Lot Size: 5,250 SF Potential to add approximately two additional stories Estimated buildable area of over 10,806 square feet (buyer to independently verify with architect and zoning professionals) Investment Highlights Eight free-market units Strong existing cash flow Long-term ownership and pride of maintenance Future value-add and development potential Attractive basis in a rapidly growing Queens submarket Excellent opportunity for investors, developers, and long-term holders With ongoing residential and mixeduse development transforming the neighborhood, Downtown Jamaica remains a highly attractive destination for investment and future growth. Minutes from Downtown Jamaica, shopping, dining, the LIRR, AirTrain JFK, and major subway lines, this location delivers convenience, connectivity, and long-term growth potential. Whether you're looking for immediate cash flow, future development, or a long-term investment, this is an opportunity worth your attention. Sold as-is, with tenants. Showings by appointment only. Rent roll available upon request.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities None
Construction Materials Brick
Year Built 1931
Property Subtype Multi Family
Tax Year 2026
County Queens
Property Type Commercial Sale
City New York
High School District Contact Agent
Number Of Units Total 8
Property Attached Y/N N
Tax Annual Amount 20393
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 219600
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InteriorBasement See Remarks
Flooring Hardwood
Total Stories 2
Basement Features See Remarks
Basement (Y/N) Y
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ExteriorParking Features On Street On Street
Water Source Public
Building Area Total 3200
Waterfront Y/N N
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* Excluded FeaturesList ByJarel CarrollListing Agent
jarelrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $22,792
- Monthly Property Taxes
- $1,699
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $2,389,687
Percent of Sale Price 28%
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.
4892106 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2026 | $3,300,000 | | Listed Price |