111-25 Jamaica Avenue Richmond Hill, NY $ 1,588,000
111-25 Jamaica Avenue
$ 1,588,000
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111-25 Jamaica Avenue

Richmond Hill, NY, 11418
$ 1,588,000
Baths0.0 Sq 1,938

Monthly Estimate*

$ 11,093

111-25 Jamaica Avenue, Richmond Hill, NY 11418 - Image 1
111-25 Jamaica Avenue, Richmond Hill, NY 11418 - Image 2
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111-25 Jamaica Avenue, Richmond Hill, NY 11418 - Image 4
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Studio

Commercial Property for sale in Richmond Hill, NY

for $1,588,000. This 1,938 square foot building was built in 1931 on a lot size of 0.04.

Prime mixed-use investment in vibrant Richmond Hill! This fully operational property on busy Jamaica Ave blends retail and residential for excellent income. The building features 2 active commercial units occupied by a popular deli and restaurant on the first floor, plus 2 well-maintained apartments above - 1 bedroom and 2 bedroom layouts. Perfectly situated just steps from the J and Z trains, residents enjoy quick commutes throughout NYC. The high-visibility location near transit is ideal for businesses targeting foot traffic. Units generate $140,424 in total current annual income and are ready for an investor to take over today.

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Commercial Active

Price

$ 1,588,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,914

Style

Lot Size

0.04

Year Built

1931

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

3531987

List By
Jacqueline Kangadis

Listing Agent

Ny Superior Realty

Broker

Jacqueline@nysuperiorrealty.com

Email

Affordability Calculator

$12,669
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,093
Monthly Property Taxes
$1,576
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$1,588,000 Listed Price

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111-25 Jamaica Avenue, Richmond Hill, NY, 11418 is a Commercial Property for sale at $1,588,000 with 1,938 sqft and a lot size of 0.04. 111-25 Jamaica Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 11418 which is in Richmond Hill, NY