For Sale Multi-Family MLS# 1063115

95-03 Cresskill Place

Jamaica, NY 11435

$3,300,000

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About 95-03 Cresskill Place

95-03 & 95-07 Cresskill Place | Jamaica, Queens

8 FREE-MARKET UNITS | 2 BUILDINGS | STRONG CASH FLOW | DEVELOPMENT UPSIDE

Two 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 details

Property

Type
multi
Year built
1931
Living area
3,200 sqft
Price / sqft
$1,031
List date
Oct 15, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Jamaica
Neighborhood
Jamaica

Location

Neighborhood
Jamaica
School district
New York City Department Of Education

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.