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12-Unit Elevator Condominium Building
For Sale
$7,000,000

87-26 175th Street, Jamaica, NY 11432

A renovated residential condominium offering a substantial multi-unit holding with on-site parking in Downtown Jamaica.

Property Size27,149 SF
Price / SF$257.84
Days on Market149

Property Features for 87-26 175th Street

General Information

Standard status Active
Size 27,149 SF
Total Parking Spaces 4
Elevators Yes
Property subtype Commercial
Zoning R4-1

Units

Unit Mix 12 x 2BR/2BA
Multifamily Units 12

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,123

Building Details

Building Size 27,149 SF
Year Built 2008
Buildings 1
Stories 7
Units 12
Listing Agency: Compass Greater NY LLC
Listed By: Sarah Kim · License #10301216872
Source: Croninreale
Added: May 29 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

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 Compass Greater NY LLC

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Investment Insights

Based on property information with market context.

This 7-story elevator condominium contains 12 two-bedroom, two-bath residential units and four on-site parking spaces. The offering comprises the majority of the building’s condominium inventory and provides control of the condominium board. The property measures 27,149 square feet and was built in 2008; zoning is R4-1.

Located at 87-26 175th Street in Jamaica, the property is near the 179th Street and 169th Street F train stations, approximately five and six minutes away, respectively. Jamaica LIRR Station and AirTrain JFK are reachable by bus or subway in 10–15 minutes. Bus service along Jamaica Avenue includes the Q1, Q2, Q3, Q36, Q43, Q76, and Q77.

Key Highlights

  • 12 residential units, each with two bedrooms and two bathrooms
  • Majority of condominium inventory, with condominium board control
  • 7‑story building with elevator

Property Analytics

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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 Law Firm Acupuncture Kitchen & Bath Showroom 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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A renovated residential condominium offering a substantial multi-unit holding with on-site parking in Downtown Jamaica.
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 residential units, each with two bedrooms and two bathrooms; Majority of condominium inventory, with condominium board control; 7‑story building with elevator
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