12404 Jamaica Avenue, Richmond Hill, NY 11418
Local realty services provided by:CENTURY 21 Full Service Realty
12404 Jamaica Avenue,Richmond Hill, NY 11418
$1,190,000
- 3 Beds
- 2 Baths
- 2,470 sq. ft.
- Multi-family
- Active
Listed by: sophia x. yao
Office: chase global realty corp
MLS#:1051867
Source:OneKey MLS
Price summary
- Price:$1,190,000
- Price per sq. ft.:$481.78
About this home
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 consists 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....
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Home facts
- Year built:1920
- Listing ID #:1051867
- Added:48 day(s) ago
- Updated:November 04, 2026 at 02:12 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Full
- Living area:2,470 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1920
- Building area:2,470 sq. ft.
- Lot area:0.04 Acres
- Construction Materials:Brick
Schools
- High school:Richmond Hill High School
- Middle school:Jhs 217 Robert A Van Wyck
- Elementary school:Ps 54 Hillside
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,190,000
- Price per sq. ft.:$481.78
- Tax amount:$6,279 (2025)
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