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125-16 Jamaica Avenue, Richmond Hill, New York, 11418

$1,500,000

0

Beds

Bathrooms

4,000

Building Sqft

0.04

Acres

1,840

Lot Sqft

About 125-16 Jamaica Avenue

Prime Jamaica Avenue Mixed-Use Investment – Richmond Hill, Queens
Exceptional opportunity to acquire a 3-story brick mixed-use building located on a high-traffic retail block directly on Jamaica Avenue, near 126th Street, in the heart of Richmond Hill, Queens. This is a fully occupied, income-producing asset with strong upside and long-term redevelopment potential. The property consists of approximately 3,000 square feet above grade (1,000 SF per floor) plus a full 1,000 SF basement. Configuration includes ground-floor commercial space and two residential floors above.
Building Configuration: Ground Floor Commercial: Approx. 1,000 SF retail space currently occupied (barber shop), featuring four separate rooms, one bathroom, laundry area, and private enclosed backyard. Residential: Two free-market 3-bedroom / 1-bath apartments, each with separate kitchens, dining areas, and living rooms. Additional studio unit noted as income-producing. Basement: Full-height, approx. 1,000 SF, offering storage or future value-add potential. Key Features: Brick façade Building size: 20 ft × 50 ft Lot size: 20 ft × 92 ft Separately metered gas and electric for all units Zoning: R6A / C2-4 Additional buildable FAR approx. 1,527 SF New roof, boiler, and capital improvements completed in 2023 Low-maintenance building Private backyard Located in a major retail corridor with excellent visibility and foot traffic, the property is minutes from J, Z, and F subway lines, LIRR, JFK Airport AirTrain, and the future IBX transit line, making it highly attractive to both residential tenants and commercial users.
Offered as-is, this asset presents significant renovation and repositioning potential and is projected. Income, expenses, and NOI available upon request.

Features of 125-16 Jamaica Avenue

MLS® #
498414
Acres
0.04
Type
Mixed Use
Price
$1,500,000
Square Footage
4,000
Year Built
1920
Sub-Type
Mixed Use

Community Information

Address
125-16 Jamaica Avenue
City
Richmond hill
County
Queens
State
New York
Zip Code
11418

Listing Information

Agent Name
Jean P Ho
Agent Office
Brooklyn Real Property Inc.

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(718) 987-7900