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$3,300,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 95-03 Cresskill Pl
General
- Price: $3,300,000
- Taxes: $20,393
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1063115
- Updated: 10/16/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Hardwood
Parking
- Parking Features: On Street
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: See Remarks
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 3200
- Square Feet: 3,200
- Year Built: 1931
Financial Considerations
- Tax Amount: $20,393
Disclosures and Reports
- Special Conditions: None
- Property ID: 4100060001
Listed by Exit Realty DKC
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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 |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 1.3 mi |
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
10/15/2026
Listed
$3,300,000
59.04%
MLS
9/11/2025
Sold
$2,075,000
—
Public Record
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
2026
$21,917
7%
$176,194
8%
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# 1063115) is a Commercial property. 95-03 Cresskill Place is currently listed for $3,300,000 and was received on October 15, 2026. 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.

