About this home

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 collecting rental income, or acquire both properties as a substantial multifamily investment, the possibilities are compelling. OFFERED AT $1,500,000 PER PROPERTY - AN EXCEPTIONAL OPPORTUNITY TO PURCHASE INDIVIDUALLY OR TOGETHER! Opportunities to acquire two neighboring multifamily properties with this combination of space, flexibility, parking, and outdoor amenities are truly special. LIVE IN ONE. RENT THE OTHERS. BUILD YOUR PORTFOLIO. CREATE GENERATIONAL WEALTH. Schedule your private showing today and discover the remarkable possibilities awaiting at 175-18 & 175-20 Rex Road! All uses, rental configurations, legal occupancy, and income potential are subject to independent verification and applicable municipal approvals. More photos coming soon

Facts and features

Schools

• Ps Is 116 William C Hughley

  elementary · K-8 · 0.1 mi

  4

• Allen Christian School

  elementary · K-1 · 0.6 mi

• Eagle Academy for Young Men III

  middle · 6-12 · 0.6 mi

  6

• Is 238 Susan B Anthony

  middle · 6-8 · 0.8 mi

  6

• Ps Is 268

  elementary · K-8 · 0.5 mi

  8

• Ps 95 Eastwood

  elementary · K-5 · 0.7 mi

  8

Price history

• Nov 6, 2026 · Listed$1,500,000
• Jun 30, 2026 · Listing Removed$1,350,000
• Mar 16, 2025 · Listing Removed$999,000
• Dec 3, 2024 · Listing Removed—
• Oct 11, 2024 · Price Changed$999,000
• Sep 20, 2024 · Listed$1,300,000
• Dec 24, 2019 · Sold$430,000
• Mar 9, 2017 · Sold$300,000

Tax history

• 2026$10,408 tax · $78,540 assessed
• 2025$10,408 tax · $78,540 assessed
• 2024$10,543 tax · $65,280 assessed
• 2023$10,474 tax · $64,620 assessed
• 2022$3,061 tax · $25,440 assessed
• 2021$3,134 tax · $25,440 assessed
• 2020$2,973 tax · $14,160 assessed
• 2019$2,833 tax · $13,860 assessed

Home value

$1,248,000

• Cotality$1,248,000
• Collateral Analytics$1,116,000
• Quantarium$1,540,108

Where it is