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$ 1,500,000
Est. payment | /mo
6 Beds
2.5 Baths
4,000 SqFt
$ 1,500,000
Est. payment | /mo
6 Beds
2.5 Baths
4,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $375
MLS Listing ID 11974058
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1920
Lot Size 1,840 Sqft
Property Description
125-16 Jamaica Avenue is a fully occupied, three-story brick mixed-use building positioned directly on Jamaica Avenue's active commercial corridor in Richmond Hill, Queens. The offering combines a leased ground-floor commercial storefront with a long-term barber shop tenant, two full-floor residential apartments above, and a built-out third one-bedroom unit offering additional income potential. 100% occupied. All units have been fully renovated, and the building has received major capital improvements including a new roof, new water heater, and new electrical throughout, positioning it as a turnkey, low-maintenance hold for an incoming owner. Zoning: R6A / C2-4. Separately metered gas and electric for all units. Richmond Hill is a well-established residential and commercial neighborhood in southwestern Queens, known for its dense, active retail base along Jamaica Avenue. The property sits roughly one block from the 121st Street subway station, served by the J and Z lines, with direct access to Manhattan, Brooklyn, and the Jamaica Center transportation hub. Multiple bus lines run along Jamaica Avenue as well, giving the property strong walkability and transit access for tenants and customers alike. This is an opportunity to acquire a stable, income-producing, fully renovated asset in an active corridor with room for additional upside.
Location
State NY
County 36081
Rooms
Basement Full
Dining Room 0
Kitchen Open
Interior
Laundry 1
Building
Story 3
Sewer Municipal
Water Municipal
Nearby Locations
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