17518 Rex Road
Jamaica, NY, 11433 $ 1,500,000
Bedrooms8 Baths6.0 Sq 3,594 Monthly Estimate*
$ 10,360
for $1,500,000 with 8 bedrooms and 6 full baths. This 3,594 square foot home was built in 2026 on a lot size of 0.0987.
NEW CONSTRUCTION! RARE OPPORTUNITY TO OWN TWO EXCEPTIONAL SIDE-BY-SIDE MULTIFAMILY PROPERTIES WITH TREMENDOUS INCOME POTENTIAL! Welcome to 175-18 Rex Road, an extraordinary investment opportunity offering the perfect combination of spacious living, flexible layouts, desirable amenities, and outstanding rental income potential! 175-20 Rex Road is offered separately or can be sold as a package! Situated on a prominent corner lot in Jamaica, Queens, these impressive side-by-side two-family residences offer a total of FOUR generously proportioned residential units, plus expansive finished lower levels and finished attic spaces, creating exceptional possibilities for investors, homeowners, and buyers seeking a long-term income-producing asset. 175-18 & 175-20 REX ROAD — TWO side by side PROPERTIES, ENDLESS POSSIBILITIES! One residence features TWO spacious 3-bedroom, 2-bathroom units, while the adjoining residence offers TWO beautifully configured 2-bedroom, 2-bathroom units. Together, the properties provide an impressive 10 bedrooms and 8 bathrooms across the four primary residential units, offering substantial appeal to prospective tenants and owner-occupants alike. But the opportunity doesn’t end there! EXPANSIVE FINISHED LOWER LEVELS: Each property features its own finished lower level with a separate entrance, providing valuable additional space and potential for supplemental income, subject to applicable approvals and permitted use. FINISHED ATTIC LEVELS: Both properties also feature finished attic areas with separate access, offering remarkable flexibility for additional living, recreational, or other permitted uses. SPECTACULAR ROOFTOP BALCONIES: Enjoy beautiful elevated views from the impressive rooftop balcony spaces—an exceptional feature that distinguishes these properties from traditional multifamily investments. Imagine relaxing outdoors, entertaining guests, or enjoying the surrounding skyline from your own private retreat! CORNER-LOT ADVANTAGE & PARKING: The desirable corner-lot setting offers added accessibility, natural light, and parking areas on either side of the property—a highly sought-after convenience in New York City. AN INVESTOR’S DREAM WITH MULTIPLE INCOME STREAMS! With four primary residential units, spacious finished lower levels, finished attic spaces, rooftop outdoor areas, and parking, these properties offer an exciting combination of immediate rental appeal and long-term investment potential. Whether you’re looking to expand your real estate portfolio, live in one unit while collecting rental income, or acquire both properties as a substantial multifamily investment, the possibilities are compelling. OFFERED AT $1,500,000 PER PROPERTY — AN EXCEPTIONAL OPPORTUNITY TO PURCHASE INDIVIDUALLY OR TOGETHER! Opportunities to acquire two neighboring multifamily properties with this combination of space, flexibility, parking, and outdoor amenities are truly special. LIVE IN ONE. RENT THE OTHERS. BUILD YOUR PORTFOLIO. CREATE GENERATIONAL WEALTH. Schedule your private showing today and discover the remarkable possibilities awaiting at 175-18 & 175-20 Rex Road! All uses, rental configurations, legal occupancy, and income potential are subject to independent verification and applicable municipal approvals. More photos coming soon
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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Built-in Features Granite Counters High Ceilings Recessed Lighting
Basement Finished
Basement Features Finished
Basement (Y/N) Y
Total Bedrooms 8
Total Baths 6
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GeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected
Construction Materials Vinyl Siding
Year Built 2026
Property Subtype Quadruplex
Tax Year 2026
Parcel Number 10259-0051
County Queens
Property Type Residential Income
Garage Y/N N
Full Baths 6
High School Contact Agent
City New York
Senior Community Y/N N
High School District Contact Agent
Number Of Units Total 2
Carport Y/N N
Elementary School Contact Agent
Property Attached Y/N N
Tax Annual Amount 10408.12
Middle/Junior High School Call Listing Agent
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 78540
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ExteriorParking Features Driveway Private Driveway Private
Water Source Public
Spa N
Building Area Total 3594
Waterfront Y/N N
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* Excluded FeaturesList ByNiccolo SaracenoListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $10,360
- Monthly Property Taxes
- $867
- 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 NearbyMulti-family listings in Jamaica, NY
Average List Price $1,129,195
Percent of Sale Price 25%
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.
4892219 Elementary School
5162815 Middle School
Contact Agent High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/6/2026 | $1,500,000 | | Listed Price |