95-07 CRESSKILL Place, New York City, NY 11435
Listing Courtesy of Corcoran Group
$6,700,000
Potential Rebate: $100,500
Overview
9503 & 9507 Cresskill Place Jamaica, Queens<br> <br> 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.<br> <br> 9503 Cresskill Place<br> 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.<br> <br> 9507 Cresskill Place<br> 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.<br> <br> Zoning: R5A Lot Size: 5,250 sq ft<br> 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).<br> <br> 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.<br> <br> 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.
Home Features
- •In Unit
- •Assigned
- •Garage
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Building Amenities
- •Assigned
- •Garage
Estimated Monthly Payment
$34,807 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$100,500
Monthly savings impact
$279/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20051280
Price Analysis
Compare average listing prices and value metrics for 95-07 CRESSKILL Place against the surrounding Jamaica market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
64.79% Higher
than the Jamaica price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Jamaica.
Jamaica
Overview of Jamaica
Jamaica is the administrative and transit capital of Queens. It is a massive transportation hub and commercial center. For buyers seeking Jamaica Queens real estate, it offers unprecedented convenience and growth potential.
Living in Jamaica is busy. It is a city within a city. As a Queens NYC neighborhood, it is the busiest.
Real Estate & Housing Market
The market for homes for sale in Jamaica is varied, from new high-rise condos to older single-family homes on the outskirts.
It is a major focus for city investment and rezoning.
Lifestyle & Community
The lifestyle in Jamaica is fast-paced. Jamaica Avenue is a legendary shopping district.
Transportation & Accessibility
Jamaica Station is the transit heart of Long Island. LIRR, E, J, Z trains, and the AirTrain to JFK all meet here.
Parks, Schools & Amenities
Rufus King Park provides a historic green oasis downtown.
Amenities: CUNY York College and major courthouses are here.
Who This Neighborhood Is Best For
Jamaica is best for commuters, investors, and those who want to be at the center of the action.
