Remarks

9503 & 9507 Cresskill Place Jamaica, Queens

8 Free Market Units 2 Buildings Zoning Upside Strong In-Place Income Two adjacent four-unit buildings offered as a package in a quiet, residential pocket of Jamaica, Queens. This well-maintained, income-producing portfolio includes 8 free market residential units-delivered occupied-great for long-term stability, future repositioning, or redevelopment.

9503 Cresskill Place
Features four units ranging from approx. 597-723 sq ft with a mix of one- and two-bedroom layouts. Units include windowed kitchens, generous living areas, and ample in-unit storage.

9507 Cresskill Place
Four additional units including layouts up to 1,163 sq ft. Select residences feature oversized living rooms, dedicated dining areas, and multiple exposures. One unit spans nearly 40 feet across, offering townhouse-style proportions. The properties have been well maintained and held by long-term ownership. Current rent roll available upon request.

Zoning: R5A Lot Size: 5,250 sq ft
Zoning allows for an additional two stories of development with potential to expand to just over 10,806 buildable square feet (confirm all details with an architect).

Downtown Jamaica is a vibrant hub in Queens, known for its bustling retail district, diverse shopping, and strong sense of community. From major retailers to local businesses, the area offers everything you need-and more. York College anchors the south side with a tree-lined campus, ample parking, and great public transit access. Residents enjoy nearby museums, parks, fitness centers, and movie theaters. The LIRR and multiple subway lines make commuting to Manhattan and beyond fast and convenient. With ongoing high-rise development, Downtown Jamaica is on the rise as a dynamic place to live, work, and explore.

This is a rare opportunity to acquire two turnkey, free market assets with existing cash flow and clear upside in a rapidly growing pocket of Queens.

Details

MLS#: 849915
Price: $9,500,000

Style: Multi Family
Sq Ft: 6528
Year Built: 1931

County: Queens
Tax Fee: 20400