BEDS0
BATHS
MLS#1050927
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLQueens 27
Property Description
CALLING ALL INVESTORS! 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 actual Cap rate of 5.7%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Taxes: $6,192
Feature Descriptions
Building Area Total: 1670
Business Type: Other
Cap Rate: 6
Days on Site: 1
Exterior: Brick
On Market Date: 2026-09-15
Rental Term: Monthly
Sewer: Public Sewer
Utilities: See Remarks
Water: Public
Local Schools
School District: Queens 27
Listed By / Shown By
Listing By
Agency Name: Homix Realty Inc
Agency Phone: 929-666-9886
Shown By
Agent Name: TEAM MAE
Agent Phone: (631) 872-7553
Agency Title: Howard Hanna | Coach Realtors
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104-18 Jamaica Avenue | MLS# 1050927
This commercial property located at 104-18 Jamaica Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,299,999. 104-18 Jamaica Avenue is located within the Queens 27 school district. Search Richmond Hill real estate on www.teammae.com today.