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Browse All Jamaica City NY Above $1M Properties for Sale

$7,000,000
1005737 MLS Aftab Skyview BLDG.
Ideal 1031 replacement property with predictable cash flow. Turnkey asset structured for seamless tax deferred exchanges. Free Market: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 12 Residential Units & 4 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, 7-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: 12 Premium two BR two Bath Residential Units + 4 On-Site Parking Spaces. • The Building: 7-Story Elevator Asset with four parking spaces. • 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 5 min • 169 St Station (F train) — about 6 min • F Train goes directly to Manhattan/Queens • Jamaica LIRR Station / AirTrain JFK — 10-15 min by bus or subway The property is also near multiple bus stops along Jamaica Avenue including: • Q1, Q2, Q3, Q36, Q43, Q76, Q77 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.

87-26 175th Street, Jamaica

$12,000,000
1005582 MLS Parthenon Two BLDG.
Ideal 1031 replacement property with predictable cash flow. Turnkey asset structured for seamless tax deferred exchanges. Free Market: Prime Transit-Oriented Bulk Condo Offering: Downtown Jamaica, Queens | 22 Residential Units & 8 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 modern, eight-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: 22 Premium Residential Units + Two Media/Recreational Rooms + 8 On-Site Parking Spaces. • The Building: 8-Story Elevator Asset with a Full Cellar and 22 total apartment 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. *2 Blocks to F Train (Sutphin Blvd/Hillside) *4 Blocks to F Train (Parsons Blvd/Hillside) *Short Walk to Jamaica Center Hub (E, J, Z Trains & LIRR) • Subway Access: Immediate access to the F, E, J, and Z lines. • Commuter Rail: Minutes from Jamaica Station (LIRR) for rapid transit to Manhattan, Brooklyn, and JFK Airport. • Surface Transit: Steps from major bus lines, including the Q20A, Q20B, Q40, and Q43 on Sutphin Boulevard. Investment Highlights: • High-Yield Rental Strategy: Capitalize on the historic rental demand in Queens with a highdensity, 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.

148-36 89th Avenue, Jamaica

$11,000,000
1005497 MLS Parthenon One BLDG.
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.

172-18 Jamaica Avenue, Jamaica

$3,288,888
3 Beds 4 Baths 1003462 MLS
Welcome to your new home. This magnificent custom-built brick residence features 3 large bedrooms and 3.5 bathrooms, ideally located in the prestigious neighborhood of Jamaica Estates. Built in 2011, this exceptional home offers luxury, comfort, and timeless craftsmanship throughout. A dramatic double-height foyer with a statement chandelier and sweeping custom staircase sets the tone for the refined interior. The formal living room with a wood-burning fireplace and elegant dining area create the perfect setting for both grand entertaining and everyday living, complemented by gleaming hardwood floors, soaring ceilings, oversized Anderson windows, recessed lighting, built-in speakers, and beautiful architectural details throughout. The oversized chef’s kitchen features extensive custom cabinetry, premium counter space, a large center island with seating, energy-efficient appliances, and a spacious breakfast area perfect for gatherings, along with a separate entrance leading to the backyard. The second floor features generously sized bedrooms offering comfort, flexibility, and abundant closet space. The luxurious primary suite showcases exceptional proportions, private outdoor access, and a spa-inspired bathroom complete with a soaking tub, oversized glass-enclosed shower, and expansive vanity area. The finished basement offers additional living space featuring a large family room and full bathroom, ideal for recreation, guests, or extended living. Additional highlights include a 1-car garage, custom millwork and doors, solid brick construction, private driveway with ample parking, and beautifully designed outdoor space. Ideally situated near major highways, transportation, shopping, dining, parks, and houses of worship, this remarkable residence offers a rare opportunity to own a truly distinguished home in one of Queens’ most sought-after neighborhoods. Lot Size: 43 x 212 Building Size: 30 x 79

18042 Aberdeen Road, Jamaica

$1,369,000
6 Beds 5 Baths 996191 MLS
Welcome to 167-01-116th Avenue! A newly constructed two family corner property nestled on a beautiful tree lined street of Jamaica. Featuring a wide driveway, two car garage and is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 2 bath rental unit which has the ability to generate $4,500/month to assist with mortgage payments. The owners unit is a 3 bedroom 2 bath as well, which can easily be used as a duplex with the high ceiling finished basement to create additional living/recreational space. Both units enjoy expansive sun drenched, modern, open concept living/dining areas which provide great space for entertaining. Elegant chefs granite kitchens equipped with floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances and island for bar stool seating. Spacious bedrooms with ample closet space. Primary suite with private en suite and much more! Must see to appreciate. Completed with all modern design and technology this newly constructed two family will for sure captivate you from the moment you arrive with its warm & welcoming energy. Ideal for primary home owners and savvy real estate investors alike. 167-01-116th Avenue is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Foch Blvd, Merrick Blvd, Guy R Brewer Blvd. Short blocks to JFK Airport, Belt Parkway, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.

16701 116th Avenue, Jamaica

$1,388,000
980052 MLS
Calling All Investors, Developers, & End-Users!!! 9.22 Cap 5 Unit 3,600+ Sqft. Corner Mixed-Use Building On Linden Blvd. For Sale!!! The Property Features Excellent Signage, Great Exposure, R5B/R3X/C2-3 Zoning, High 10’ Ceilings, Basement, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamaica 1 Block From Merrick Blvd. & Minutes From The St. Albans LIRR Station!!! The Property Has 21’ Of Frontage On Linden Blvd. & 117’ Of Frontage On 172nd St.!!! Neighbors Include Chase Bank, Citizens Bank, The Home Depot, Stop & Shop, Crunch Fitness, AutoZone, Mobil, Conoco, McDonald’s, Domino’s Pizza, Papa John’s, IHOP, Liberty Tax, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Store (2,400 Sqft.): $51,600 Ann.; $1,200 Ann. Inc.; Lease Exp.: 9/1/28.; 5 Year Option. Apt. 1 (1 Br.): $22,200 Ann.; Lease Exp.: 6/30/26. Been Here 5 Years So Far. Apt. 2 (3 Br.): $36,000 Ann. (Delivered Vacant) Apt. 3 (1 Br.): $20,100 Ann.; Lease Exp.: 6/30/26. Apt. 4 (1 Br.): $19,800 Ann.; M-M. Tax Rebate (Paid By The Store): $5,000 Ann. Water Rebate (Paid By The Store): $6,000 Ann. Pro Forma Gross Income: $160,700 Ann. Expenses: Gas: $2,826 Ann. Electric: $560 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1,800 Ann Insurance: $2,823 Ann. Taxes: $18,706.32 Ann. Total Expenses: $26,965.32 Ann. Net Operating Income (NOI): $133,734.68 Ann. (Pro Forma 9.22 Cap!!!)

172-02 Linden Boulevard, Jamaica

$1,350,000
966074 MLS
This investment offers a strong opportunity to acquire a fully renovated, income-producing mixed-use property in one of Queens’ most active and well-connected neighborhoods. This turnkey investment includes **one street-level storefront** and **three spacious updated 2-bedroom apartments**, with **all units currently rented**, providing immediate cash flow from day one. The property has been improved with a **fully renovated storefront**, a **fully renovated store interior**, a **new security gate**, **new HVAC**, and additional building upgrades that enhance both appearance and overall functionality. For investors seeking a property that does not require major post-closing work, this asset stands out as a clean, stabilized opportunity with income already in place. The residential portion of the building adds to its appeal through a practical and desirable unit mix. The **three 2-bedroom apartments** offer layouts that continue to attract steady renter interest from families, couples, roommates, and tenants needing extra living or work-from-home space. Updated apartments in Jamaica benefit from strong demand because the neighborhood offers a combination of convenience, accessibility, and everyday value. Since the units are already renovated and occupied, a new owner can avoid the cost and uncertainty of vacancy, renovation, and lease-up. That creates a more stable investment profile and allows the property to begin performing immediately. The commercial component strengthens the value of the asset by adding diversified income through a visible retail space on **Sutphin Boulevard**, a corridor known for consistent activity and neighborhood commerce. A well-positioned storefront in a high-traffic area can support long-term tenant appeal, and the fact that both the storefront and interior have been fully renovated makes the space even more attractive. The commercial presence adds balance to the building by combining residential stability with retail exposure, a key advantage of mixed-use ownership in a busy urban market. Recent capital improvements also help reduce near-term maintenance concerns. The **new security gate** adds functionality and curb appeal, while the **new HVAC** system supports efficient and modern operation. These upgrades, together with the broader renovations throughout the building, reinforce the property’s turnkey character. Rather than taking on an underperforming asset with deferred maintenance, the next owner steps into a property that has already been substantially improved and positioned for dependable performance. Location is one of the property’s strongest features. Situated in the heart of Jamaica, the building benefits from excellent access to transportation, shopping, services, and major roadways. It is close to the **E, J, and Z subway lines** at the **Sutphin Blvd–Archer Av–JFK Airport/Jamaica Center area**, as well as the **LIRR at Jamaica Station**, one of Queens’ most important transit hubs. The area is also served by numerous bus routes, including the **Q6, Q8, Q9, Q24, Q25, Q30, Q31, Q32, Q34, Q40, Q41, Q42, Q43, Q44 SBS, Q54, Q56, Q60, Q65, and Q83**, making the property highly accessible for both residents and customers. Strong transportation infrastructure supports tenant demand and adds long-term value for mixed-use assets in this part of Queens. This property is especially appealing for investors who want a stabilized building with both retail and residential cash flow in a neighborhood defined by daily activity and practical convenience. The combination of **one fully renovated storefront**, **three updated 2-bedroom apartments**, **full occupancy**, and major recent upgrades makes this a compelling mixed-use investment. With its strong location, existing income, and move-in-ready condition, this property represents an attractive opportunity to own a well-improved property in a high-demand Queens corridor.

116-43 Sutphin Boulevard, Jamaica

$1,599,990
8 Beds 5 Baths 958245 MLS
Welcome to 139-12 111th Avenue — a Beautiful and Spacious New Two-Family Home in Jamaica, Queens! This stunning newly built residence is located on a quiet residential block in Jamaica, Queens, offering convenient access to shopping, schools, houses of worship, and major roadways for easy travel throughout the boroughs. Offering approximately 2,775 square feet of above-grade living space—about 1,388 square feet per floor—plus a finished basement, this home delivers exceptional space and flexibility. Both the first and second floors feature 4 generously sized bedrooms, 2 full bathrooms, a bright living and dining area, and a full kitchen, making it ideal for multi-generational living or strong rental income potential. The exterior showcases a modern, durable façade with a brick front, clean siding, and strong curb appeal. Inside, you’ll find hardwood floors throughout, beautifully tiled bathrooms, and central air conditioning for year-round comfort and efficiency. The finished basement offers high ceilings, ample natural light, a full bathroom and versatile space. A private driveway and rear 1-car garage provide convenient off-street parking. Perfectly positioned near everyday essentials, this property combines modern construction with long-term value. Its layout and size make it a prime income-producing opportunity or an excellent option for an owner-occupant seeking flexibility and space. Don’t miss the opportunity to own this spacious and versatile two-family home in Jamaica, Queens.

13912 111th Avenue, Jamaica

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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