MLS#1043752
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLQueens 28
Property Description
Excellent mixed-use investment opportunity located the busy Jamaica Avenue in the heart of Richmond Hill. This property features a ground-floor restaurant with basement space and two residential apartments on the second floor, offering multiple income streams and approximately $83,000 in annual gross income.The property sits on an approximately 19 x 81 lot with a building size of approximately 19 x 65 and is zoned R6A / C2-4.The ground floor and basement are currently occupied by a restaurant paying $3,530 per month. The commercial tenant is also responsible for the entire building's real estate taxes and water charges. The current lease is approaching expiration, providing the new owner with flexibility to negotiate a renewal or explore other leasing opportunities.The second floor consists of two residential units:* Front Unit: 2 bedrooms, living room, 1 bathroom - $1,550/month* Rear Unit: 1 bedroom, living room, 1 bathroom - $1,750/monthResidential tenants pay their own electricity and gas. The residential units may be delivered vacant, offering additional flexibility for the new owner.Annual real estate taxes are approximately $6,645, currently paid by the commercial tenant.Located directly on Jamaica Avenue with strong visibility and convenient access to neighborhood shopping, dining, and transportation. Opportunity for investors seeking a mixed-use property with established income, low owner expenses, and future leasing flexibility in a prime Queens commercial location.
Property Features
Property Type: Commercial - Multiple
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.04 Acres
Taxes: $6,279
Year Built: 1920
Feature Descriptions
Building Area Total: 2470
Business Type: Restaurant
Days on Site: 7
Exterior: Brick
On Market Date: 2026-08-27
Parcel Number: 09333-0002
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Local Schools
School District: Queens 28
Listed By / Shown By
Listing By
Agency Name: Chase Global Realty Corp
Agency Contact: 718-355-8788
Shown By
Agent Name: Dawn Viola
Agent Phone: Cell: (631) 774-4369
Agency Title: Coldwell Banker American Homes
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12404 Jamaica Avenue | MLS# 1043752
This commercial property located at 12404 Jamaica Avenue , Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,190,000. Jamaica Avenue is located within the Queens 28 school district. Search Richmond Hill real estate on www.dawnviolarealtor.com today.