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95-07 Cresskill PlaceQueens, NY 11435

For Sale

$6,700,000

Smart Buyer Rebate $83,750

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. Shown by appointment only.

Listed by Ivan Mijalkovic

·

Corcoran Group

·

(347) 653-8010

Listed by Lauren Renee Bennett

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Corcoran Group

Last updated October 03, 2025

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Source: REBNY #RLS20051280

Listing Facts

  • TypeMulti-family
  • NeighborhoodJamaica
  • Bedrooms12
  • Bathrooms8
  • Days on Prevu27
  • Taxes$20,400/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

09/26/2025
Listed by Corcoran Group
$6,700,000

Estimated Closing Costs

Total
$293,580
Attorney Fees
$4,000
NYC Mansion Tax
$150,750
Title Insurance
$30,150
Bank Attorney
$1,500
Mortgage Recording Tax
$103,180
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $6,700,000 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 95-07 Cresskill Place

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 2
  • Structure Type: Townhouse
  • Entry Level: 1

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Area: 5,250
  • Lot Size Dimensions: 105
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $20,400.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 12
  • Rooms Total: 28

Other

Location

  • City Region: Queens
  • Subdivision Name: Jamaica
  • Tax Block: 10006
  • Tax Lot: 0001

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Garage

Utilities

Equipment

  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.