Home » Real Estate » NY » Jamaica » 11432 » 87-26 175th Street, Jamaica, NY, 11432
$7,000,000

87-26 175th Street, Jamaica, NY, 11432

Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 12 Residential Units & 4 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, 7-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: 12 Premium two BR two Bath Residential Units + 4 On-Site Parking Spaces. • The Building: 7-Story Elevator Asset with four parking spaces. • 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 5 min • 169 St Station (F train) — about 6 min • F Train goes directly to Manhattan/Queens • Jamaica LIRR Station / AirTrain JFK — 10-15 min by bus or subway The property is also near multiple bus stops along Jamaica Avenue including: • Q1, Q2, Q3, Q36, Q43, Q76, Q77 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.
Offered By
Sarah Kim, Compass Greater NY LLC

Property Details

Property Type Commercial
Status Active
Property Sub Type Multi Family
MLS # 1005737

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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