24-Unit Garden Apartment
For Sale
$3,988,000
18722-18728 & 18705-18721 Foch & Baisley Boulevard, Jamaica, NY 11412
Commercial Sale, Jamaica, NY
Property SizeContact for details
Days on Market10
Property Features for 18722-18728 & 18705-18721 Foch & Baisley Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
50
Parking features
Parking Lot
Basement
Unfinished
Elementary school district
Queens 29
Middle school district
Queens 29
High school district
Queens 29
Standard status
Active
APN
12440-0154. 12440-0167
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
55341
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1953
Floors in Building
2
Number of units
24
Building materials
Brick, Frame
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane
(516) 279-8828
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 29 at 4:06PM
MLS# 1065273
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.
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Investment Insights
Based on property information with market context.
This 24-unit garden apartment property comprises multiple buildings constructed in 1953, with brick and frame construction. Features include high ceilings, air conditioning, three-phase power, updated LED lighting, and controlled access through an electric gate. The site also includes a private gated parking area with 50 spaces and two curb cuts. R3-2 zoning applies, and the property has public water and sewer service.
The buildings have a combined 521 feet of wraparound frontage along Baisley Boulevard, Everitt Place, and Foch Boulevard in Jamaica. Nearby businesses include Walmart, The Home Depot, Stop & Shop, CVS, Walgreens, Aldi, McDonald's, and several banks and hotels. The property is identified with a 10.18% pro forma cap rate.
The buildings have a combined 521 feet of wraparound frontage along Baisley Boulevard, Everitt Place, and Foch Boulevard in Jamaica. Nearby businesses include Walmart, The Home Depot, Stop & Shop, CVS, Walgreens, Aldi, McDonald's, and several banks and hotels. The property is identified with a 10.18% pro forma cap rate.
Key Highlights
- 24‑unit garden apartment property in multiple buildings
- 50‑space private gated parking area with electric‑gate access
- 521 feet of wraparound frontage on Baisley Boulevard, Everitt Place, and Foch Boulevard
Property Analytics
Current Use
Lease Details
24
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 11412, NY
37,958
Population
12,821
Households
3
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
23,724
Density / Sq Mi
$98,418
Median Household Income
$48,243
Median Earnings
$1,630
Median Rent
$633,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - A private gated parking area and controlled entry serve this multi-building residential property.
Where is this apartment building located?
The property is located at 18722-18728 & 18705-18721 Foch & Baisley Boulevard Jamaica, NY.
What is the asking price?
The asking price for this property is $3,988,000.
What are key features of this property?
This property features: 24‑unit garden apartment property in multiple buildings; 50‑space private gated parking area with electric‑gate access; 521 feet of wraparound frontage on Baisley Boulevard, Everitt Place, and Foch Boulevard
