17518 Rex Road, Jamaica, NY 11433

$1,500,000
  • 17518 Rex Road, Jamaica, NY 11433 Main Photo

1 Photos

New to the Market Active
BEDS8 BATHS6 full MLS#1071115
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLContact Agent

Property Description

NEW CONSTRUCTION! RARE OPPORTUNITY TO OWN TWO EXCEPTIONAL SIDE-BY-SIDE MULTIFAMILY PROPERTIES WITH TREMENDOUS INCOME POTENTIAL!Welcome to 175-18 Rex Road, an extraordinary investment opportunity offering the perfect combination of spacious living, flexible layouts, desirable amenities, and outstanding rental income potential! 175-20 Rex Road is offered separately or can be sold as a package!Situated on a prominent corner lot in Jamaica, Queens, these impressive side-by-side two-family residences offer a total of FOUR generously proportioned residential units, plus expansive finished lower levels and finished attic spaces, creating exceptional possibilities for investors, homeowners, and buyers seeking a long-term income-producing asset.175-18 & 175-20 REX ROAD - TWO side by side PROPERTIES, ENDLESS POSSIBILITIES!One residence features TWO spacious 3-bedroom, 2-bathroom units, while the adjoining residence offers TWO beautifully configured 2-bedroom, 2-bathroom units. Together, the properties provide an impressive 10 bedrooms and 8 bathrooms across the four primary residential units, offering substantial appeal to prospective tenants and owner-occupants alike.But the opportunity doesn't end there!EXPANSIVE FINISHED LOWER LEVELS: Each property features its own finished lower level with a separate entrance, providing valuable additional space and potential for supplemental income, subject to applicable approvals and permitted use.FINISHED ATTIC LEVELS: Both properties also feature finished attic areas with separate access, offering remarkable flexibility for additional living, recreational, or other permitted uses.SPECTACULAR ROOFTOP BALCONIES: Enjoy beautiful elevated views from the impressive rooftop balcony spaces-an exceptional feature that distinguishes these properties from traditional multifamily investments. Imagine relaxing outdoors, entertaining guests, or enjoying the surrounding skyline from your own private retreat!CORNER-LOT ADVANTAGE & PARKING: The desirable corner-lot setting offers added accessibility, natural light, and parking areas on either side of the property-a highly sought-after convenience in New York City.AN INVESTOR'S DREAM WITH MULTIPLE INCOME STREAMS!With four primary residential units, spacious finished lower levels, finished attic spaces, rooftop outdoor areas, and parking, these properties offer an exciting combination of immediate rental appeal and long-term investment potential. Whether you're looking to expand your real estate portfolio, live in one unit while

17518 Rex Road | MLS# 1071115

This multi-family property located at 17518 Rex Road, Jamaica, NY 11433 is currently listed for sale with an asking price of $1,500,000. Rex Road is located within the Contact Agent school district. Search Jamaica real estate on www.teammae.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.10 Acres
Taxes: $10,408
Year Built: 2026

Amenities

First Floor Bedroom
First Floor Full Bath
Built-in Features
Granite Counters
High Ceilings
Recessed Lighting

Feature Descriptions

Building Area Total: 3594
Exterior: Vinyl Siding
On Market Date: 2026-11-06
Parcel Number: 10259-0051
Parking Features: Driveway, Private
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 888-276-0630

Shown By

Agent Name: TEAM MAE
Agent Phone: (631) 872-7553
Agency Title: Howard Hanna | Coach Realtors

IDX logo

Estimate Your Payment

Estimated Payment

$ 7,746.69 per month $6,441.86 Principal & Interest $867.33 Property Tax $437.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Let our team of knowledgeable, licensed mortgage professionals assist you in putting together a loan that is custom fitted for you, and your needs.

Login to My Homefinder