10428 Jamaica Ave

Richmond Hill, NY 11418
  • $1,230,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing LILI01 - 222325

RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOW Look 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!

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 1010470
Year Built 1920
Total Square Footage 0
Lot/Acreage 0.04
County Queens
School District Queens 27

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Ductless
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $5,836
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 09289-0012
  • Tax Year: N/A

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10428 Jamaica Ave Richmond Hill, NY 11418

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Originating MLS: onekey2

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