NY
Queens
Richmond Hill
11418
10428 Jamaica Avenue
10428 Jamaica Avenue, Richmond Hill, NY 11418
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Listing Type
Multi Family
Listing Status
Active
14
$1,230,000

Home Details for 10428 Jamaica Avenue

Price
$1,230,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Year built
1920
Lot size acres
0.044
County
Queens
Basement
Partially Finished
MLS Listing#
1010470
Property Description

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!

Property Features
  • Heating Information
    • Baseboard
    • Other
  • Cooling Information
    • Ductless
  • Water Features
    • Public
  • House Interior
    • Other
  • Utilities
    • See Remarks
  • Parking
    • On Street
  • Basement
    • Partially Finished
School Information
School Information for 10428 Jamaica Avenue, Richmond Hill, NY 11418
Elementary School
Ps 66 Jacqueline Kennedy-Onassis
Middle School
Jhs 210 Elizabeth Blackwell
High School
Richmond Hill High School
Listing Courtesy: B Square Realty - 718-939-8388
Presented by: Junbing Ye
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EXIT REALTY CENTRAL
106-14 Rockaway Blvd., Ozone Park, NY 11417
Office
718 848 5900
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