Multi Family
95-03 Cresskill Place
Active · Queens, NY 11435
- Year built
- 1931
- Est. monthly taxes
- $1,699.42
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About this home
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.
Listing snapshot
- Days on site
- 13 days
- Listed on MLS
- Oct 15, 2026
- Annual property tax (MLS)
- $20,393
- Tax year
- 2026
- Listing brokerage
- Exit Realty DKC
- MLS ID
- KEY1063115
- Last updated
- Oct 16, 2026
General features
- Property type
- Multi Family
- Year built
- 1931
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- None
Interior features
- Basement
- See Remarks
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Flooring
- Hardwood
Exterior features
- Construction materials
- Brick
Schools (MLS)
- Elementary school district
- Contact Agent
- Middle school district
- Contact Agent
- High school district
- Contact Agent
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
