For Sale Property MLS# 1050927

104-18 Jamaica Avenue

Richmond Hill, NY 11418

$1,299,999

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About 104-18 Jamaica Avenue

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 details

Property

Type
other
Living area
1,670 sqft
Price / sqft
$778
List date
Sep 15, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Richmond Hill
Neighborhood
Richmond Hill

Location

Neighborhood
Richmond Hill
School district
New York City Department Of Education

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Listed by Homix Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.