Prime Transit-Oriented Bulk Condo Offering:
Downtown Jamaica, Queens | 22 Residential Units & 8 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 modern, eight-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: 22 Premium Residential Units + Two Media/Recreational Rooms + 8 On-Site Parking Spaces.
• The Building: 8-Story Elevator Asset with a Full Cellar and 22 total apartment 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.
*2 Blocks to F Train (Sutphin Blvd/Hillside)
*4 Blocks to F Train (Parsons Blvd/Hillside)
*Short Walk to Jamaica Center Hub (E, J, Z Trains & LIRR)
• Subway Access: Immediate access to the F, E, J, and Z lines.
• Commuter Rail: Minutes from Jamaica Station (LIRR) for rapid transit to Manhattan, Brooklyn,
and JFK Airport.
• Surface Transit: Steps from major bus lines, including the Q20A, Q20B, Q40, and Q43 on
Sutphin Boulevard.
Investment Highlights:
• High-Yield Rental Strategy: Capitalize on the historic rental demand in Queens with a highdensity, 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.
Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
2020
Basement
Common, Finished
ARCHITECTURAL STYLE
High Rise
PARKING SPACES
8
Parking Features
Assigned, Garage Door Opener, Waitlist
Lot Features
Near Public Transit, Near School, Near Shops
CITY
Jamaica
COUNTY
Queens
STATE
NY
COMMUNITY FEATURES
Park, Playground
TAX AMOUNT
249257.0
LATEST UPDATE
2026-05-31T23:11:07.881Z
DAYS ON MARKET
2
PRICE CHANGE(S)
$12,000,000 May 31, 2026
CUMULATIVE DAYS ON MARKET
2
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeMulti Family
MLS #1005582
FlooringCarpet, Ceramic Tile, Hardwood
HeatingElectric
CoolingCentral Air, Electric
Utility FeaturesElectricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
SEWERPublic Sewer
WATER SOURCEPublic
Year Built2020
BasementCommon, Finished
ARCHITECTURAL STYLEHigh Rise
PARKING SPACES8
Parking FeaturesAssigned, Garage Door Opener, Waitlist
Lot FeaturesNear Public Transit, Near School, Near Shops
CITYJamaica
COUNTYQueens
STATENY
COMMUNITY FEATURESPark, Playground
TAX AMOUNT249257.0
LATEST UPDATE2026-05-31T23:11:07.881Z
DAYS ON MARKET2
PRICE CHANGE(S)
$12,000,000 May 31, 2026
CUMULATIVE DAYS ON MARKET2
Market Trends
New Properties On Market
32
52%
Increase In New Listings
Average Asking Price
$762,420
$420,969 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$807
$458 Increase In List Price/Sq. Ft.
Average Days On Market
6
19 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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