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104-18 Jamaica Avenue, Richmond Hill, NY 11418

$1,328,000

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New to the Market

MLS#969524

STATUSActive PROPERTY TYPECommercial - Multiple

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Property Description

CASH FLOW KING- extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current Cap rate of 5.5%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

104-18 Jamaica Avenue | MLS# 969524

This commercial property located at 104-18 Jamaica Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,328,000. Search Richmond Hill real estate on www.laffey.com today.

Property Features

Property Type: Commercial - Multiple

Basement: See Remarks

Cooling: Ductless, Wall/Window Unit(s)

Heating: Baseboard

Lot Size: 0.05 Acres

Taxes: $5,932

Year Built: 1920

Feature Descriptions

Building Area Total: 1670

Business Type: Other

Days on Site: 1

Exterior: Brick

On Market Date: 2026-03-10

Parcel Number: 09289-0008

Property Attached Y/N: 1

Rental Term: Monthly

Sewer: Public Sewer

Units: 3

Utilities: See Remarks

Water: Public

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55 Northern Blvd
Greenvale, NY 11548

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104-18 Jamaica Avenue, Richmond Hill, NY 11418

Property Description

104-18 Jamaica Avenue | MLS# 969524

Property Features

Feature Descriptions

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104-18 Jamaica Avenue, Richmond Hill, NY 11418

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