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172-18 Jamaica Avenue
Jamaica NY 11432 US

$11,000,000

Active Listing ID 1005497
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Lot: 0.23 Acres
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Condominium

$11,000,000

Active Listing ID 1005497
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172-18 Jamaica Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Cooling System: Electric, Central Air
  • Floor Covering: Hardwood, Tile - Ceramic, Tile, Carpet, Concrete
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 11000000
  • unparsedaddress: 172-18 Jamaica Avenue
  • postalcity: Jamaica
  • stateorprovince: NY
  • country: US
  • postalcode: 11432
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Sarah Kim
  • listagentemail: sarah.kim@compass.com
  • listagentkey: 3yd-MLSLINY-175552
  • listagentmlsid: 175552
  • listagentpreferredphone: 7188134835
  • listagentofficephone: 7188134835
  • listofficekey: 3yd-MLSLINY-CMPA12
  • listofficemlsid: CMPA12
  • disclaimer: 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 2020
  • listingcontractdate: 2026-05-18
  • listagenturl: https://www.compass.com/
  • countyorparish: Queens
  • parcelnumber: 102131014
  • elementaryschooldistrict: Queens 29
  • middleorjuniorschooldistrict: Queens 29
  • highschooldistrict: Queens 29
  • cooling: Electric, Central Air
  • constructionmaterials: Brick
  • flooring: Hardwood, Tile - Ceramic, Tile, Carpet, Concrete
  • heating: Electric (Heating)
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 6
  • parkingtotal: 11
  • parkingfeatures: Assigned, Open
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Basement
  • utilities: Water Available
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Greater NY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sarah.kim@compass.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Greater NY LLC", "ListBrokeragePhone":"(212) 913-9058", "ListBrokeragePostalCode":"1001", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Fl 9", "ListBrokerageUnparsedAddress":"90 5th Ave, NY", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"298 Merrick Rd ", "ListOfficeAddress2":"Fl 9", "ListOfficeBrokerMlsId":"CMPA12", "ListOfficeCity":"Rockville Centre", "ListOfficeCountry":"US", "ListOfficeEmail":"brian.maguire@compass.com", "ListOfficePostalCode":"11570", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - Jamaica, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-05-31 23:10:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":30341, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/31/2026 11:14:33 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Sarah Kim, Compass Greater NY LLC, sarah.kim@compass.com

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.