Prime Investment Opportunity – Two Fully Renovated 3-Family Properties in Downtown Jamaica, Queens. Introducing a rare opportunity to acquire two adjacent legal three-family homes in the heart of Downtown Jamaica, one of Queens’ fastest-growing neighborhoods. Located at 155-20 and 155-18, these all-brick properties sit side by side, with one occupying a prime corner lot. These properties can be sold as a package or separately. Both properties have been completely gut-renovated and will be delivered with brand-new Certificates of Occupancy, offering peace of mind and long-term value for investors or end users. Property Highlights: Two Legal 3-Family Homes – Sold together or separately. Corner property (155-20): First floor features a spacious 4-bedroom apartment; upper floor offers two seperate 2-bedroom/1-bath layouts. Adjacent property (155-18): First floor features a 3-bedroom apartment; upper floor also offers two seperate 2-bedroom/1-bath layouts. Nearly 5,000 SF per building (including full oversized basements with O.S.E.). All-brick construction with timeless curb appeal. Fully paved, oversized backyard – ideal for private parking, a highly desirable feature in this area. Modern, turnkey renovations throughout with high-quality finishes.
Location Advantages: Situated in Downtown Jamaica, an area undergoing tremendous revitalization and development Surrounded by retail, restaurants, schools and community amenities. Excellent transportation access: close to subways, LIRR, Airtrain to JFK and major bus lines, ensuring seamless connectivity across NYC and to JFK Airport. This is a unique chance to own side-by-side, fully renovated multi-family properties in a prime growth corridor of Queens. Whether you are an investor seeking strong rental income in a high-demand market or an end-user looking to occupy one unit while generating rental revenue from the others, these properties deliver both immediate returns and long-term upside.
Listed by Min Kang
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Prime Realty
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718-229-2922
Listed by Mitchell Slavuter
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Prime Realty
Last updated October 08, 2025
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Source: OneKey #921871
Listing Facts
TypeMulti-family
NeighborhoodJamaica
Bedrooms8
Bathrooms3
Days on Prevu15
Taxes$1,925/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/07/2025
Listed by Prime Realty
$1,900,000
Estimated Closing Costs
Total
$66,310
Attorney Fees
$4,000
NYC Mansion Tax
$19,000
Title Insurance
$8,550
Bank Attorney
$1,500
Mortgage Recording Tax
$29,260
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,900,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 15520 Tuskegee Airmen Way
Exterior
Construction
Number Of Units Total: 3
Year Built: 1931
Construction Materials: Brick
Measurements
Building Area Total: 3,240
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 2,050
Financial
Taxes
Parcel Number: 10123-0009
Tax Annual Amount: $1,925.00
Tax Year: 2023
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
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