51-Unit Apartment
For Sale
Contact for pricing
Pending
88-56 162nd Street, Jamaica, NY 11432
Seven-story apartment building with elevator service, central heating and cooling, parking, and a community facility.
Property SizeContact for details
Days on Market145
Property Features for 88-56 162nd Street
General Information
Standard status
Pending
Total Parking Spaces
12
Elevators
Yes
Property subtype
Retail, Industrial
Additional Details
Public Transit
Yes
Multifamily Units
51
Amenities
central heating and cooling
ensuite washer/dryer
community facility
Building Details
Year Built
2021
Stories
7
Listing Agency:
EXIT Realty Prime
(646) 242-8929
Listed By:
Mohammed Karim · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:18AM
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 EXIT Realty Prime
Investment Insights
Based on property information with market context.
Completed in 2021, this seven-story apartment building contains 51 units and includes an elevator, central heating and cooling, and ensuite washers and dryers. The property also offers 12 parking spaces and a 1,200-square-foot community facility, along with a 31+yr tax abatement entitlement.
The building is located at 88-56 162nd Street in Jamaica, NY, within one block of Hillside Avenue. The surrounding Jamaica Hills area provides access to E, F, J, and Z subway service, with additional bus connections near 89th Avenue and Merrick Boulevard.
The building is located at 88-56 162nd Street in Jamaica, NY, within one block of Hillside Avenue. The surrounding Jamaica Hills area provides access to E, F, J, and Z subway service, with additional bus connections near 89th Avenue and Merrick Boulevard.
Key Highlights
- 51 units in a 7‑story apartment building completed in 2021
- 12 parking spaces and a 1,200sf community facility
- Elevator service throughout the building
Property Analytics
Property Profile
Current Use
Lease Details
51
Residential units
Location Intelligence
Trade Area within ½ mile
2,243
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-story apartment building with elevator service, central heating and cooling, parking, and a community facility.
Where is this apartment building located?
The property is located at 88-56 162nd Street Jamaica, NY.
What are key features of this property?
This property features: 51 units in a 7‑story apartment building completed in 2021; 12 parking spaces and a 1,200sf community facility; Elevator service throughout the building
