Search
12-Unit Elevator Multifamily Property
For Sale
$7,000,000

87-26 175th Street, Jamaica, NY 11432

Commercial Sale, Jamaica, NY

Property SizeContact for details
Lot Size0.19 Acres
Days on Market98

Property Features for 87-26 175th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R4-1
Rooms Basement
Parking 4
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 098301034
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8123

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 2008
Number of units 12
Flooring type Carpet, Hardwood
Building materials Brick
Architectural style High Rise
Listing Agency: Compass Greater NY LLC
Listed By: Sarah Kim
Added: May 18 Changed: Aug 20 Last Checked: Aug 23 at 7:06AM
MLS# 1005737

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 multifamily offering comprises 12 two-bedroom, two-bath residential condominium units within a newly renovated, 7-story elevator building. The package also includes 4 on-site parking spaces and majority control of the condominium board. The property occupies 0.19 acres and was built in 2008, with brick construction, hardwood and carpet flooring, baseboard heating, and wall or window cooling units. Public water and sewer serve the building, and natural gas is available. Zoning is R4-1.

The property is located at 87-26 175th Street in Jamaica, Queens. 179 St Station on the F train is about 5 minutes away, while 169 St Station is about 6 minutes away. Jamaica LIRR Station and AirTrain JFK are approximately 10–15 minutes away by bus or subway. Bus routes along Jamaica Avenue include Q1, Q2, Q3, Q36, Q43, Q76, and Q77.

Key Highlights

  • 12 two‑bedroom, two‑bath residential condominium units
  • 4 on‑site parking spaces included
  • 7‑story elevator building with majority condominium board control

Property Analytics

Current Use

Masjid mission center ... Church Sunnati Peace Tour Travel Agency Womens Winter Hat ... Clothing & Fashion Store

Suggested Use

Top Pick Gym & Fitness Center Real Estate Agency Kitchen & Bath Showroom Law Firm Acupuncture Restaurant

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

4,398
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Bulk condominium offering with on-site parking and majority control of the condominium board.
Where is this multifamily property located?
The property is located at 87-26 175th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 12 two‑bedroom, two‑bath residential condominium units; 4 on‑site parking spaces included; 7‑story elevator building with majority condominium board control
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message