132-04 Jamaica Avenue Richmond Hill, NY $ 1,350,000
132-04 Jamaica Avenue
$ 1,350,000
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132-04 Jamaica Avenue

Richmond Hill, NY, 11418
$ 1,350,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 8,422

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Commercial Property for sale in Richmond Hill, NY

for $1,350,000. This 3,200 square foot building was built in 1935 on a lot size of 0.054637.

Discover a rare investment opportunity in this prime mix-use building, perfectly positioned in a high-traffic, desirable location along Jamaica Avenue. Close proximity to public transportation, ONLY four short blocks to the E & F subway train line at the Jamaica/Van Wyck Station and Van Wyck Expressway. 18 min walk to LIRR and AirTrain. To the west, subway lines J & Z. Large scale new developments surround this ideal site. Some of the prestigious neighboring business include:Jamacia Hospital Medical Center,Starbucks, Walgreens, T-Mobile, Bank of America, Subway, Planet Fitness, Dunkin' Donuts, Go Detox Bar Juice and Grill, Forest Hills Orthopedic Group, Ezra Jack Keats Pre-K Center, Benjamin Moore, Balkan Sewer & Water Main, CVS...This property features a blend of retail and garage, plus two residential apartments above, offering versatile income streams. The ground floor & basement level is occupied by a NFP church since 2017, the garage is vacant and ready for lease, and two 2-bed & 1 full bath walkup apartments. Shared egress driveway for garage access, in rear. The property is ideal for an investor looking to capitalize on a thriving area and current below market rents! Exceptional asset with strong growth potential! See setup attached for financial information., Additional information: vac_perc:0, Building Size:20' x 70'

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Commercial Pending

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 20,619

Style

Mixed Use

Lot Size

0.054637

Year Built

1935

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

L3575684

Features
General
Sewer Public Sewer
Heating Electric Natural Gas Baseboard
Zoning M1-1 R4
Year Built 1935
Property Subtype Mixed Use
Parcel Number 09340-0102
County Queens
Property Type Commercial Sale
HOA N
Directions waze
City New York
Tax Annual Amount 20619
Showing Instructions Contact agent has keys by appointment only.
Property Condition Estimated
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 102
Year Built Effective 2000
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Exterior
Total Parking 2
Parking Spaces 2
Spa N
Building Area Total 3200
Frontage Length 20
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Interior
Total Stories 2
Basement (Y/N) N
Half Baths 0
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* Excluded Features
List By
Hena Choung

Listing Agent

Tyme Realty Corp

Broker

646-893-8963

Contact

Affordability Calculator

$10,140
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$1,718
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2024$1,350,000 Listed Price

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132-04 Jamaica Avenue, Richmond Hill, NY, 11418 is a Commercial Property for sale at $1,350,000 with 3,200 sqft and a lot size of 0.054637. 132-04 Jamaica Avenue was built in 1935. The property's zip code is 11418 which is in Richmond Hill, NY