Dennis Barr - John J Lease Realtors Logo
$1,328,000
( $795.21Per Sq Foot )
 $7,129 est/mo Sourced by Back At You

104-18 Jamaica Avenue,Richmond Hill, NY 11418

Richmond Hill, NY 11418

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Description

CASH FLOW KING- extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current Cap rate of 5.5%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

Details

MLS #969524
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1920
Days On Site173
Listing Provided ByB Square Realty | Junbing Ye

Features

SQ Feet1,670
BasementY
Units3
ZoningR6A
Acreage0.05

Interior

CoolingDuctless, Wall/Window Unit(s)
HeatingBaseboard

Exterior

Construction MaterialsBrick

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value39540
Tax Annual Amount5932.68

Area Information

StateNY
CountyQueens
CityRichmond Hill
Zip Code11418
Listing VS Median (in 11418)
Price:
$1,328,000
low | high
Med:
$977,500
76.393072289157% of Average
sqft:
1,670
low | high
Med:
2,011
29.610778443114% of Average
$ / sqft:
$795
low | high
Med:
$502
86.81195630409% of Average
On site:
173
low | high
Med:
206
83.980582524272% of Average
Sourced by Back At You

Market Activity 11418

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Learn More About This Property

Dennis Barr

Dennis Barr

John J Lease REALTORS

 (845) 527-5125dennybarr@johnjleaserealtors.com
StateNY
CountyQueens
CityRichmond Hill
Zip Code11418
Listing VS Median (in 11418)
Price:
$1,328,000
low | high
Med:
$977,500
76.393072289157% of Average
sqft:
1,670
low | high
Med:
2,011
29.610778443114% of Average
$ / sqft:
$795
low | high
Med:
$502
86.81195630409% of Average
On site:
173
low | high
Med:
206
83.980582524272% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $996K - $1.66M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
10418 Jamaica Avenue Property Photo 1
$1,328,000
10418 Jamaica Avenue
Richmond Hill, NY 11418
104-33 88th Avenue Property Photo 1
$788,000
104-33 88th Avenue
Richmond Hill, NY 11418
10522 Jamaica Avenue Property Photo 1
$2,000
10522 Jamaica Avenue
Richmond Hill, NY 11418
Listing Updated: July 9, 2026 at 3:19:41 PM PDT

Dennis Barr - John J Lease Realtors