Ad #7945520
MLS #1005497
Free Market with Commercial Space/finished basement: Prime
172-18 Jamaica Ave, Jamaica, NY 11432
$11,000,000
--Beds
--Baths
--Sqft
0.23Acres
About this property
Free Market with Commercial Space/finished basement: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 16 Residential Units, Commercial Space & 11 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, 6-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: 16 Premium Residential Units + 11 On-Site Parking Spaces + Commercial Space. The Building: 6-Story Elevator Asset with a Finished Basement and total 16 units. 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 10 min 169 St Station (F train) - about 9 min Jamaica Center (E, J, and Z trains)- 1.1 miles Jamaica LIRR Station / AirTrain JFK/ Sutphin Blvd-E/J/Z subway The property is also near multiple bus stops along Jamaica Avenue/172 St & 173 St 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. *Excellent opportunity.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 2020
0.23 Acres
6 Stories
Open, Assigned
Siding: Brick
Electric (Heating)
$30,341 / yr property tax
Queens County
Additional Photos
Contact Information
Sarah Kim
Compass Greater NY LLC
718-813-4835
Location
Listing Agent: Sarah Kim 718-813-4835
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$11,000,000
--
Beds
--
Baths
--
Sqft
172-18 Jamaica Ave, Jamaica, NY 11432
By contacting this agent you agree to these Terms and Conditions.
MLS# 1005497
Free Market with Commercial Space/finished basement: Prime
$11,000,000
172-18 Jamaica Ave, Jamaica, NY 11432
--
Beds
--
Baths
--
Sqft
0.23
Acres
$11,000,000
172-18 Jamaica Ave, Jamaica, NY 11432
-- Beds
-- Baths
-- Sqft
0.23 Acres
Free Market with Commercial Space/finished basement: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 16 Residential Units, Commercial Space & 11 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, 6-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: 16 Premium Residential Units + 11 On-Site Parking Spaces + Commercial Space. The Building: 6-Story Elevator Asset with a Finished Basement and total 16 units. 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 10 min 169 St Station (F train) - about 9 min Jamaica Center (E, J, and Z trains)- 1.1 miles Jamaica LIRR Station / AirTrain JFK/ Sutphin Blvd-E/J/Z subway The property is also near multiple bus stops along Jamaica Avenue/172 St & 173 St 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. *Excellent opportunity.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 2020
0.23 Acres
6 Stories
EXTERIOR
Open, Assigned
Siding: Brick
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$30,341 / yr property tax
Queens County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7945520
Viewed
55 times
Listing Status
Active
Added
Jun 29, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
1005497
Listing Agent: Sarah Kim 718-813-4835
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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