10428 Jamaica Avenue,Richmond Hill, NY 11418
Richmond Hill, NY 11418
Description
RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOWLook no further! This fully renovated, well-maintained brick mixed-use building offers the perfect blend of stable rental income and prime commercial potential. Boasting extremely low property taxes, this property is an exceptional addition to any portfolio. Prime Commercial Storefront: Currently vacant and ready for immediate occupancy! Featuring high visibility in a high-density area with heavy foot and vehicle traffic, it is perfect for an owner-user to launch their own business or for an investor to lease out at top market rent. Turnkey Residential Unit: The upper level are fully occupied by stable, long-term tenants. Configured as a total of 4 bedrooms and 2 bathrooms Completely Updated: Thoroughly renovated 6 years ago with new windows, updated electrical, and modern heating systems. Tenant-Paid Utilities: Enjoy hassle-free management with separate meters for both gas and electric.This is a stabilized asset with immediate residential income from day one, plus massive upside potential once the storefront is utilized. Don't miss out on this rare opportunity to live, work, or invest in a high-demand location!
Details
| MLS # | 1010470 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 89 |
| Listing Provided By | B Square Realty | Junbing Ye |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Units | 2 |
| Acreage | 0.04 |
Interior
| Cooling | Ductless |
|---|---|
| Heating | Baseboard, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 43500 |
| Tax Annual Amount | 5836 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Richmond Hill |
| Zip Code | 11418 |
| School District | Richmond Hill High School |
| Elementary School | Ps 66 Jacqueline Kennedy-Onassis |
| High School | Richmond Hill High School |
| Listing VS Median (in 11418) | |
Price: $1,230,000 low | high Med: $977,500 On site: 89 low | high Med: 212 | |
Market Activity 11418
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Richmond Hill |
| Zip Code | 11418 |
| School District | Richmond Hill High School |
| Elementary School | Ps 66 Jacqueline Kennedy-Onassis |
| High School | Richmond Hill High School |
| Listing VS Median (in 11418) | |
Price: $1,230,000 low | high Med: $977,500 On site: 89 low | high Med: 212 | |
