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

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

Renovated condominium package with on-site parking and elevator access in a seven-story residential building.

Property Size27,149 SF
Price / SF$257.84
Days on Market54

Property Features for 87-26 175th Street Jamaica

General Information

Standard status Active
Size 27,149 SF
Total Parking Spaces 4
Zoning R4-1

Taxes and HOA fees

Annual Taxes $8,123

Amenities

Common,Finished
Carpet,Hardwood
7
Yes
Common, Finished
Public
4
No
Private
27149

Building Details

Building Size 27,149 SF
Year Built 2008
Stories 7
Listing Agency:
Listed By: Glen Reshiram
Source: Parkassets
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 30 at 1:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glen Reshiram

Investment Insights

Based on property information with market context.

This multifamily offering includes 12 two-bedroom, two-bath residential condominium units within a seven-story elevator building completed in 2008. The package also includes four on-site parking spaces and is described as newly renovated. The property is zoned R4-1 and represents the majority of the building’s condominium inventory, with majority control of the condominium board included in the offering.

Located at 87-26 175th Street in Jamaica, Queens, the property is positioned near several transit connections. The 179 St F train station is approximately five minutes away, while the 169 St station is about six minutes away. Jamaica LIRR Station and AirTrain JFK are approximately 10–15 minutes away by bus or subway. Bus service along Jamaica Avenue includes the Q1, Q2, Q3, Q36, Q43, Q76, and Q77 routes.

Key Highlights

  • 12 two‑bedroom, two‑bath residential condominium units
  • Four on‑site parking spaces included
  • Seven‑story elevator building completed in 2008

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center 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.

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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Renovated condominium package with on-site parking and elevator access in a seven-story residential building.
Where is this multifamily property located?
The property is located at 87-26 175th Street Jamaica Ny, 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; Four on‑site parking spaces included; Seven‑story elevator building completed in 2008
More about this property
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