Dennis Barr - John J Lease Realtors Logo
$1,328,000
 $7,129 est/mo Sourced by Back At You

10418 Jamaica Avenue,Richmond Hill, NY 11418

Richmond Hill, NY 11418

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Description

CALLING ALL INVESTORS! 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 #970090
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site171
Listing Provided ByB Square Realty | Junbing Ye

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,670
BasementY
Units3
Acreage0.05

Interior

CoolingDuctless, Wall/Window Unit(s)
HeatingBaseboard, Other
Interior FeaturesOther

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesOn Street

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:
$970,000
76.957831325301% of Average
sqft:
1,670
low | high
Med:
2,365
8.383233532934% of Average
$ / sqft:
$795
low | high
Med:
$410
98.422654677908% of Average
On site:
171
low | high
Med:
329
51.975683890578% of Average
Sourced by Back At You

Market Activity 11418

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Additional Information

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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:
$970,000
76.957831325301% of Average
sqft:
1,670
low | high
Med:
2,365
8.383233532934% of Average
$ / sqft:
$795
low | high
Med:
$410
98.422654677908% of Average
On site:
171
low | high
Med:
329
51.975683890578% 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
104-18 Jamaica Avenue Property Photo 1
$1,328,000
104-18 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