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$1,328,000
104-18 Jamaica Avenue, Richmond Hill, NY, 11418
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.
Offered By
Junbing Ye, B Square Realty
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Mixed Use
MLS #
969524
Heating
Baseboard
Cooling
Ductless, Wall/Window Unit(s)
Utility Features
See Remarks
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1920
Basement
See Remarks
CITY
Richmond Hill
COUNTY
Queens
STATE
NY
TAX AMOUNT
5932.68
LATEST UPDATE
2026-03-11T07:20:06.640Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$1,328,000 Mar 11, 2026
CUMULATIVE DAYS ON MARKET
1
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Mixed Use
MLS #
969524
New Properties On Market
15
21%
Decrease In New Listings
Average Asking Price
$940,133
$18,863 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$764
$436 Decrease In List Price/Sq. Ft.
Average Days On Market
4
12 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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