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MLS ID KEY1063115Last updated Oct 16, 2026

Multi Family

95-03 Cresskill Place

Active · Queens, NY 11435

Asking price$3,300,000Request a Showing
Year built
1931
Est. monthly taxes
$1,699.42
Property gallery0 / 18
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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
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Middle school district
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High school district
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School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11435Show interactive map
95-03 Cresskill Place

Queens, NY 11435

Google Maps directions

Listing data is supplied by the MLS and may change without notice.