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Mixed-Use Elevator Condominium Building
For Sale
$11,000,000

172-18 Jamaica Avenue, Jamaica, NY 11432

COMMERCIAL - Other - Jamaica, NY

Property SizeContact for details
Lot Size0.23 Acres
Days on Market94

Property Features for 172-18 Jamaica Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-24R6A
Rooms Basement
Parking 11
Parking features Open, Assigned
Basement Finished
Lot features Near Public Transit, Near School, Near Shops
Elementary school district Queens 29
Middle school district Queens 29
High school district Queens 29
Directions Google Map
Standard status Active
APN 102131014
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 30341

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2020
Floors in Building 6
Number of units 17
Flooring type Concrete, Carpet, Tile - Ceramic, Tile, Hardwood
Building materials Brick
Architectural style Other
Listing Agency: Compass Greater NY LLC
Listed By: Sarah Kim
Added: May 18 Changed: Aug 18 Last Checked: Aug 19 at 11:06PM
MLS# 1005497

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.

Investment Insights

Based on property information with market context.

This mixed-use condominium property at 172-18 Jamaica Avenue includes 16 residential units, commercial space, 11 on-site parking spaces, and a finished basement. The 6-story building was constructed in 2020 and includes an elevator, brick construction, central air, electric heating, public water, and public sewer. Interior finishes include concrete, carpet, ceramic tile, tile, and hardwood flooring. Parking is provided through open and assigned spaces.

The property is located in Jamaica, Queens, near multiple transit options. 179 St Station and 169 St Station are approximately 10 minutes and 9 minutes away, respectively. Jamaica Center, serving the E, J, and Z trains, is 1.1 miles from the property, while Jamaica LIRR Station, AirTrain JFK, and the Sutphin Boulevard E, J, and Z subway station are also nearby. The site is zoned C-24R6A and occupies 0.23 acres.

Key Highlights

  • 16 residential units with commercial space and a finished basement
  • 6‑story elevator building constructed in 2020
  • 11 on‑site parking spaces with open and assigned parking

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,983
Businesses Nearby

Demographics for 11432, NY

65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Bulk condominium offering with residential units, commercial space, assigned parking, and a finished basement.
Where is this mixed-use property located?
The property is located at 172-18 Jamaica Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 16 residential units with commercial space and a finished basement; 6‑story elevator building constructed in 2020; 11 on‑site parking spaces with open and assigned parking
More about this property
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