MLS#1063115
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
95-03 & 95-07 Cresskill Place | Jamaica, Queens8 FREE-MARKET UNITS | 2 BUILDINGS | STRONG CASH FLOW | DEVELOPMENT UPSIDETwo buildings. Eight free-market units. One incredible investment opportunity.Located in the heart of Jamaica, Queens, this rare package offers two adjacent, well-maintained four-family buildings delivering immediate rental income with serious upside potential.Featuring spacious one- and two-bedroom layouts, all eight units are free-market and currently occupied. Situated on a combined 5,250 SF lot with R5A zoning, the properties offer potential for vertical expansion and over 10,806 buildable square feet, subject to verification. Development Potential: Zoning: R5A Lot Size: 5,250 SF Potential to add approximately two additional stories Estimated buildable area of over 10,806 square feet (buyer to independently verify with architect and zoning professionals) Investment Highlights Eight free-market units Strong existing cash flow Long-term ownership and pride of maintenance Future value-add and development potential Attractive basis in a rapidly growing Queens submarket Excellent opportunity for investors, developers, and long-term holders With ongoing residential and mixeduse development transforming the neighborhood, Downtown Jamaica remains a highly attractive destination for investment and future growth.Minutes from Downtown Jamaica, shopping, dining, the LIRR, AirTrain JFK, and major subway lines, this location delivers convenience, connectivity, and long-term growth potential.Whether you're looking for immediate cash flow, future development, or a long-term investment, this is an opportunity worth your attention.Sold as-is, with tenants. Showings by appointment only. Rent roll available upon request.
Property Features
Property Type: Commercial -
Basement: See Remarks
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Stories: 2.0
Taxes: $20,393
Year Built: 1931
Feature Descriptions
Building Area Total: 3200
Days on Site: 1
Exterior: Brick
Flooring: Hardwood
On Market Date: 2026-10-15
Parking Features: On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 8
Utilities: None
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Exit Realty DKC
Agency Phone: 718-676-1371
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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95-03 Cresskill Place | MLS# 1063115
This commercial property located at 95-03 Cresskill Place, Jamaica, NY 11435 is currently listed for sale with an asking price of $3,300,000. 95-03 Cresskill Place is located within the Contact Agent school district. Search Jamaica real estate on www.coldwellbankerchoice.com today.