Active

12404 Jamaica Avenue

Richmond Hill, NY 11418
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

Acres0.04

Acre(Lot)

Excellent mixed-use investment opportunity located the busy Jamaica Avenue in the heart of Richmond Hill. This property features a ground-floor restaurant with basement space and two residential apartments on the second floor, offering multiple income streams and approximately $83,000 in annual gross income. The property sits on an approximately 19 x 81 lot with a building size of approximately 19 x 65 and is zoned R6A / C2-4. The ground floor and basement are currently occupied by a restaurant paying $3,530 per month. The commercial tenant is also responsible for the entire building’s real estate taxes and water charges. The current lease is approaching expiration, providing the new owner with flexibility to negotiate a renewal or explore other leasing opportunities. The second floor c onsists of two residential units: * Front Unit: 2 bedrooms, living room, 1 bathroom — $1,550/month * Rear Unit: 1 bedroom, living room, 1 bathroom — $1,750/month Residential tenants pay their own electricity and gas. The residential units may be delivered vacant, offering additional flexibility for the new owner. Annual real estate taxes are approximately $6,645, currently paid by the commercial tenant. Located directly on Jamaica Avenue with strong visibility and convenient access to neighborhood shopping, dining, and transportation. Opportunity for investors seeking a mixed-use property with established income, low owner expenses, and future leasing flexibility in a prime Queens commercial location.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $1,190,000

AD Id : 91297063

MLS Id : 1051867

Beds : 3

Lot Size : 0.04 Acre

Tax Amount : $6,279.20

Year Built : 1920

County : Queens

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: Full
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1920 Building Area Total: 2470 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0353 Lot Size Square Feet: 1539

  • Listing Price Information

    Listing Price: $1190000

  • Tax Information

    Parcel Number: 09333-0002 Annual Tax: $6279.2

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: Ps 54 Hillside
    Junior High School: Jhs 217 Robert A Van Wyck
    Senior High School: Richmond Hill High School
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Location Information

    WaterSource: Public
Sell a home like this and save $70,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
87-62 133rd Street, Richmond Hill, NY, 11418 $1,200,000 -- 2 -- --
8734 132nd Street, Richmond Hill, NY, 11418 $1,199,000 8 5 -- 0.05 Acre
8631 131st Street, Richmond Hill, NY, 11418 $949,000 4 3 -- 0.06 Acre
12615 Jamaica Avenue, Richmond Hill, NY, 11418 $1,565,000 6 4 -- --
125-16 Jamaica Avenue, Richmond Hill, NY, 11418 $1,500,000 -- -- 4,000 0.04 Acre
9144 117th Street, Richmond Hill, NY, 11418 $949,000 4 2 -- 0.05 Acre
8632 122nd Street, Richmond Hill, NY, 11418 $1,100,000 6 3 -- 0.06 Acre
101-20 110th Street, Richmond Hill, NY, 11418 $1,199,000 6 2 -- --
11614 Bessemer Street, Richmond Hill, NY, 11418 $985,000 5 3 -- 0.09 Acre
87-30 114th Street, Richmond Hill, NY, 11418 $929,000 -- -- -- 0.06 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 10/07/2026 @ 02:38

MLS: 1051867 LISTED BY: Sophia Yao, Chase Global Realty Corp 718-355-8788 SOURCE: OneKey MLS

Homes around $1,190,000

Selling? Save $70,901 when you sell a home like this

Tour with a ByOwner Agent