125-16 Jamaica Avenue Richmond Hill, NY $ 1,500,000
125-16 Jamaica Avenue
$ 1,500,000
Recently Listed
Share Save

125-16 Jamaica Avenue

Richmond Hill, NY, 11418
$ 1,500,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 9,236

125-16 Jamaica Avenue, Richmond Hill, NY 11418 - Image 1
125-16 Jamaica Avenue, Richmond Hill, NY 11418 - Image 2

Commercial Property for sale in Richmond Hill, NY

for $1,500,000. This 4,000 square foot building was built in 1920 on a lot size of 0.042241.

Prime Jamaica Avenue Mixed-Use Investment – Richmond Hill, Queens Exceptional opportunity to acquire a 3-story brick mixed-use building located on a high-traffic retail block directly on Jamaica Avenue, near 126th Street, in the heart of Richmond Hill, Queens. This is a fully occupied, income-producing asset with strong upside and long-term redevelopment potential. The property consists of approximately 3,000 square feet above grade (1,000 SF per floor) plus a full 1,000 SF basement. Configuration includes ground-floor commercial space and two residential floors above. Building Configuration: Ground Floor Commercial: Approx. 1,000 SF retail space currently occupied (barber shop), featuring four separate rooms, one bathroom, laundry area, and private enclosed backyard. Residential: Two free-market 3-bedroom / 1-bath apartments, each with separate kitchens, dining areas, and living rooms. Additional studio unit noted as income-producing. Basement: Full-height, approx. 1,000 SF, offering storage or future value-add potential. Key Features: Brick façade Building size: 20 ft × 50 ft Lot size: 20 ft × 92 ft Separately metered gas and electric for all units Zoning: R6A / C2-4 Additional buildable FAR approx. 1,527 SF New roof, boiler, and capital improvements completed in 2023 Low-maintenance building Private backyard Located in a major retail corridor with excellent visibility and foot traffic, the property is minutes from J, Z, and F subway lines, LIRR, JFK Airport AirTrain, and the future IBX transit line, making it highly attractive to both residential tenants and commercial users. Offered as-is, this asset presents significant renovation and repositioning potential and is projected. Income, expenses, and NOI available upon request.

See more

Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 7,936

Style

Mixed Use

Lot Size

0.042241

Year Built

1920

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

498414

Features
Interior
Heating Fuel Gas
Walls Plaster
Flooring Hardwood
Hot Water Gas
See more
General
Ceiling Height Other
Roof Flat
Zoning R6A C2-4
Electric Circuit Breakers
Stories Count 2
Property Type Mixed Use
Block 9334
Yearly Taxes 7936.00
Transaction Type Sale
Financing 1031 Exchange Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 0
MLS Area Richmond Hill
Sub Type Mixed Use
Year Built 1920
City Richmond Hill
DOM 0
# Families 2
Public Remarks Prime Jamaica Avenue Mixed-Use Investment – Richmond Hill Queens Exceptional opportunity to acquire a 3-story brick mixed-use building located on a high-traffic retail block directly on Jamaica Aven
See more
Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib None
See more
Internal Only
Originating MLS Brooklyn New York MLS
See more
* Excluded Features
List By
Brooklyn Real Property Inc.

Broker

(718) 875-8899

Phone

Affordability Calculator

$9,897
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,500,000 Listed Price

Map


See all

125-16 Jamaica Avenue, Richmond Hill, NY, 11418 is a Commercial Property for sale at $1,500,000 with 4,000 sqft and a lot size of 0.042241. 125-16 Jamaica Avenue was built in 1920. The property's zip code is 11418 which is in Richmond Hill, NY