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Multifamily Property Near Transit
For Sale
Contact for pricing
Pending

8856 162nd St, Jamaica, NY 11432

The property offers multiple floor plans, modern finishes, and access to subway and bus transportation.

Property SizeContact for details
Days on Market146

Property Features for 8856 162nd St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Public Transit Yes
Listing Agency: EXIT Realty Prime
Listed By: Mohammed Karim · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:22AM

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.

This multifamily property at 8856 162nd St in Jamaica includes multiple floor plans and modern finishes. The source information also identifies a range of amenities and a design focused on contemporary residential living, although specific amenities are not detailed.

The property is within one block of Hillside Ave in Jamaica Hills, an area described as having quiet, tree-lined streets and diverse culture. E, F, J, and Z subway service is nearby, while a main bus depot at 89th Ave and Merrick Blvd provides access to multiple bus lines. These transportation connections serve Jamaica, the outer boroughs, and Long Island.

Key Highlights

  • Multiple floor plans with modern finishes
  • Within one block of Hillside Ave in Jamaica Hills
  • Near E, F, J, and Z subway service

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Gym & Fitness Center Real Estate Agency Kitchen & Bath Showroom Pet Grooming Service Restaurant Pet Store

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

5,751
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 - The property offers multiple floor plans, modern finishes, and access to subway and bus transportation.
Where is this multifamily property located?
The property is located at 8856 162nd St Jamaica, NY.
What are key features of this property?
This property features: Multiple floor plans with modern finishes; Within one block of Hillside Ave in Jamaica Hills; Near E, F, J, and Z subway service
(646) 242-8929 Call to check price and availability
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