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$6,700,000
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Property Description
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.
Full Property Details
Full Property Details for 95-03 Cresskill Pl
General
- Price: $6,700,000
- Taxes: $20,400
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 849915
- Updated: 10/28/2025
- Added to Site: 279 day(s) ago
Interior
- Flooring: Hardwood
Parking
- Total Spaces: 2
- Parking Features: Detached, Driveway
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 6528
- Square Feet: 6,528
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 5,250
- Zoning: R5
Financial Considerations
- Tax Amount: $20,400
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Real Estate Owned
Listed by Corcoran
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Schools
Schools serving 95-03 Cresskill Pl
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 50 Talfourd Lawn Elementary School 143-26 101st Ave, Queens, NY 11435 | PK-5 | 0.2 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 1.2 mi |
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 95-03 Cresskill Pl
Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$6,700,000
222.89%
MLS
9/11/2025
Sold
$2,075,000
-73.73%
Public Record
6/02/2025
Price Reduced
$7,900,000
-16.84%
MLS
4/16/2025
Listed
$9,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 95-03 Cresskill Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,393
—
$163,145
-11%
2024
$20,396
3%
$183,150
16%
2023
$19,753
10%
$157,998
-24%
2022
$17,949
8%
$206,550
-15%
2021
$16,626
6%
$243,000
-9%
2020
$15,653
—
$265,950
19%
2019
$15,653
9%
$223,200
84%
2017
$14,316
—
$121,537
8%
2017
$14,316
7%
$112,556
8%
2016
$13,441
8%
$104,257
8%
2015
$12,437
1%
$96,535
—
2014
$12,289
6%
$96,535
3%
2013
$11,631
—
$93,490
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 95-03 Cresskill Pl
95-03 Cresskill Place, Jamaica, NY 11435 (MLS# 849915) is a Commercial property. 95-03 Cresskill Place is currently listed for $6,700,000 and was received on April 16, 2025. Want to learn more about 95-03 Cresskill Place? Do you have questions about finding other Commercial real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

