$9,300,000
0.17 Acres
108-01 Atlantic Avenue
Richmond Hill, NY 11418
Listed with RE/MAX Team
$11,000,000
Est. $56,912/moJamaica, NY 11432 · Queens
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Ideal 1031 replacement property with predictable cash flow. Turnkey asset structured for seamless tax deferred exchanges. Free Market with Commercial Space/finished basement: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 16 Residential Units, Commercial Space & 11 Parking Spaces An exceptional investment opportunity in one of New York City’s most dynamic and accessible transit hubs. This bulk condominium package delivers immediate scale, majority asset control, and multiple exit strategies. The Offering: Discover a newly renovated, 6-story elevator condominium building designed for urban convenience. This package features the vast majority of the building's inventory, presenting a rare turnkey acquisition for institutional investors, 1031-exchange buyers, or preservation funds. The Portfolio: 16 Premium Residential Units + 11 On-Site Parking Spaces + Commercial Space. The Building: 6-Story Elevator Asset with a Finished Basement and total 16 units. The Control: Immediate majority control of the condominium board. Unmatched Connectivity Situated in the absolute heart of Downtown Jamaica, this property boasts a near-perfect transit profile. Residents enjoy effortless commutes across New York City and Long Island. Transit access: 179 St Station (F train) — about 10 min 169 St Station (F train) — about 9 min Jamaica Center (E, J, and Z trains)- 1.1 miles Jamaica LIRR Station / AirTrain JFK/ Sutphin Blvd-E/J/Z subway The property is also near multiple bus stops along Jamaica Avenue/172 St & 173 St Investment Highlights: High-Yield Rental Strategy: Capitalize on the historic rental demand in Queens with a high-density, low-vacancy asset. Fractionalized Exit Strategy: Hold for immediate cash flow and retail individual condo units over time to maximize total ROI. Rapidly Growing Neighborhood: Benefit from the continuous public and private investments shaping Downtown Jamaica's commercial and residential landscape. *Excellent opportunity.
Listed with Compass Greater NY LLC · Sarah Kim · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 9:07 AM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
72
Sep 2026
Average Price
Active listings
$1,013,690
Sep 2026
Average Days on Market
Active listings
196 days
Sep 2026
Computed from 606 active OneKey MLS listings in Jamaica, NY.
$9,300,000
0.17 Acres
108-01 Atlantic Avenue
Richmond Hill, NY 11418
Listed with RE/MAX Team
$13,800,000
0.1 Acres
78-21 Queens Boulevard
Elmhurst, NY 11373
Listed with E Realty International Corp
$13,800,000
133-24 41st Road
Flushing, NY 11355
Listed with Winzone Realty Inc