125-16 Jamaica Ave, Richmond Hill, NY 11418

$1,500,000
6
BD
2.5
BA

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List Price
$1,500,000
Status
ACTIVE
MLS#
11974058
Bedrooms
6
Full-baths
2
Half-baths
1
Year Built
1920

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.​

Additional Information

Basement
Full

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Listing courtesy of Alyssa Martin with LOCKBOX REALTY