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Active - Mixed Use for sale

111-25 Jamaica Avenue, Richmond Hill, NY 11418

3,283 sqft

Facts & features

Mixed Use Property type
1080 days on Beycome
1931 Year built
$487 Price/Sqft.
1,938 sqft Lot size

Why you’ll love it

Prime mixed-use investment in vibrant Richmond Hill! This fully operational property on busy Jamaica Ave blends retail and residential for excellent income. The building features 2 active commercial units occupied by a popular deli and restaurant on the first floor, plus 2 well-maintained apartments above - 1 bedroom and 2 bedroom layouts. Perfectly situated just steps from the J and Z trains, residents enjoy quick commutes throughout NYC. The high-visibility location near transit is ideal for businesses targeting foot traffic. Units generate $135,900 in total current annual income and are ready for an investor to take over today. This multifaceted package delivers the total package - thriving commercial space, rental income, and a central location in a flourishing Queens neighborhood.

Translating description...

Listed by: Jacqueline Kangadis • Jacqueline@nysuperiorrealty.com • NY Superior Realty

Co-listed by: NY Superior Realty

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Affordability

$1,040,000$2,160,000
1%20%
0%90%
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Estimated monthly payment

$9,661/mo

  • Mortgage$8,084
  • Property tax$1,576
  • HOA fee
  • Homeowners insurance
Due at closing$1,271,046
Down payment held in escrow$319,760
Closing costs$23,982
beycome credit Est.$31,976

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$1,598,800 Listed price

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$31,976 Credit back

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