Extraordinary Investment Opportunity in the heart of the Commercial zone of Jamaica, Queens- Central To All! Nestled within the bustling enclave of Jamaica, Queens, this three story mixed-use building is located mid-block on one of the town's most commercial streets & within minutes of all modes of transport & shopping on either side! This rarely found type of property is an excellent investment opportunity as is, or has tremendous upside based on an R7A, C2-3, C1-2 zoning which will allow for up to 13,000 SF buildable! Don't miss out on this once in a lifetime opportunity!
Sold
$1,700,000
8778 Parsons Blvd, Jamaica, NY 11432
4beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$4,128 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,128/mo
Zestimate® history
Owner options
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$4,128/mo
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$4,128/mo
Rent Zestimate®
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$10,387/mo
Est. payment
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$10,387/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Randolph Saa,
Coldwell Banker American Homes
Source: StreetEasy,MLS#: S1715072
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total structure area: 0
Property
Details
- Parcel number: 097630035
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Jamaica
Location
- Region: Jamaica
Financial & listing details
- Tax assessed value: $790,000
- Annual tax amount: $34,944
- Date on market: 5/3/2024
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2024 | Sold | $1,700,000-14% |
Source: Public Record Report a problem | ||
| 6/13/2024 | Pending sale | $1,977,777 |
Source:  OneKey® MLS as distributed by MLS GRID #3549154 Report a problem | ||
| 5/10/2024 | Price change | $1,977,777-15.8% |
Source: OneKey® MLS as distributed by MLS GRID #3549154 Report a problem | ||
| 5/3/2024 | Listed for sale | $2,350,000 |
Source: OneKey® MLS as distributed by MLS GRID #3549154 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $355,500 +20.1% |
| 2024 | -- | $296,100 -2.7% |
| 2023 | -- | $304,200 +17.6% |
| 2022 | -- | $258,750 -6.4% |
| 2021 | -- | $276,300 |
| 2020 | $34,463 +2.4% | $276,300 -20% |
| 2019 | $33,665 +6.8% | $345,240 +38.1% |
| 2018 | $31,519 +7.1% | $249,912 +8% |
| 2017 | $29,432 -1.3% | $231,400 |
| 2016 | $29,811 | $231,400 +3.2% |
| 2015 | $29,811 +53.9% | $224,228 +8% |
| 2014 | $19,368 | $207,619 |
Find assessor info on the county website
Neighborhood: Jamaica
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Nearby schools
GreatSchools rating
- 5/10Ps 182 Samantha SmithGrades: PK-5Distance: 0 mi
- 5/10Jhs 217 Robert A Van WyckGrades: 6-8Distance: 0.5 mi
- 3/10Hillcrest High SchoolGrades: 9-12Distance: 0.2 mi
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