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.
Utility FeaturesElectricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Available
SEWERPublic Sewer
WATER SOURCEPublic
Year Built2020
BasementCommon, Finished
ARCHITECTURAL STYLEMid Rise
PARKING SPACES11
Parking FeaturesAssigned, Garage Door Opener, Private, Waitlist
Lot FeaturesNear Public Transit, Near School, Near Shops
CITYJamaica
COUNTYQueens
STATENY
TAX AMOUNT30341.0
LATEST UPDATE2026-05-31T23:11:07.881Z
DAYS ON MARKET2
PRICE CHANGE(S)
$11,000,000 May 31, 2026
CUMULATIVE DAYS ON MARKET2
Market Trends
New Properties On Market
36
16%
Increase In New Listings
Average Asking Price
$1,373,324
$628,321 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$464
$120 Decrease In List Price/Sq. Ft.
Average Days On Market
3
13 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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