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125-16 Jamaica Avenue

Richmond Hill, NY 11418
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Bed --

Bed

Bath 0

Bath

SqFt4,000

Sqft

Acres0.04

Acre(Lot)

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 fr ee-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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 74379510

MLS Id : 498414

Lot Size : 0.04 Acre

Living Area Size : 4,000

Year Built : 1920

County : Queens

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Steam, Natural Gas

  • Building Information

    Year Built: 1920 Building Area Total: 4000 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 92 x 20 Lot Size Acres: 0.04 Lot Size Square Feet: 1840

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Tax Lot: 7 Tax Block: 9334 Annual Tax: $7936

  • Parking Information

    On Street, None
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. 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 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/24/2026 @ 08:53

MLS: 498414 LISTED BY: Jean Ho, Brooklyn Real Property Inc. 718-875-8899 SOURCE: Brooklyn Board of REALTORS

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