$1,588,000 $8,525 est/mo Sourced by Back At You

111-25 Jamaica Avenue,Richmond Hill, NY 11418

Richmond Hill NY, 11418

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Description

Prime mixed-use investment in vibrant Richmond Hill! This fully operational property on busy Jamaica Ave blends retail and residential for excellent income. The building features 2 active commercial units occupied by a popular deli and restaurant on the first floor, plus 2 well-maintained apartments above - 1 bedroom and 2 bedroom layouts. Perfectly situated just steps from the J and Z trains, residents enjoy quick commutes throughout NYC. The high-visibility location near transit is ideal for businesses targeting foot traffic. Units generate $140,424 in total current annual income and are ready for an investor to take over today.

Details

MLS#3531987
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1931
Days On Site66
Listing Provided ByNY Superior Realty | Jacqueline Kangadis

Features

Story(s)2
Units4
Building(s)1
ZoningR6A/C2-4
Acreage0.04

Market Activity 11418

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyQueens
CityRichmond Hill
Zip Code11418
Subarea10
Listing VS Median (in 11418)
Price:
$1,588,000
low | high
Med:
$695,000
100% of Average
On Site:
66
low | high
Med:
69.000000
95.652173913043% of Average
Sourced by Back At You
Listing Updated: April 21, 2024 at 2:36:09 AM PDT
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