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Map
$1,588,000
●
Multifamily -
For Sale
111-25 Jamaica Avenue
Richmond Hill, NY 11418
3 Beds
5 Baths,
3
Half Baths
$9,374
Estimated Monthly
$0
HOA / Fees
1.26%
Cap Rate
About This Property
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.
Unit Size
-
Days on Market
73 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,576
HOA Dues
-
Year Built
1931
Listed By
Last updated: 3 months ago (OneKey MLS #ONE3531985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2024 | Listed by NY Superior Realty | $1,588,000 | |
| Listed by NY Superior Realty | |||
| Mar 27, 2018 | Sold to O K 18 Llc | $999,260 | |
| Sold to O K 18 Llc | |||
| Sep 26, 2006 | Sold to E J 52 Llc | $626,000 | |
| Sold to E J 52 Llc | |||
Property Highlights
Parking Details
Parking Features: None
Interior Details
Bathroom Information
Half Bathrooms: 3
Full Bathrooms: 2
Interior Information
Interior Features: Eat-in Kitchen, Living Room/Dining Room Combo
Flooring Type: Hardwood
Room 1
Level: First
Type: 2 Commercial Units: Deli - $3,000 exp. 10/2028 | Restaurant - $4,837 exp. 10/2029
Room 2
Level: Second
Type: 1 Bedroom Apt - $1,700 / 2 Bedroom Apt - $2,165
Room 3
Level: Lower
Type: Basement: Full / Semi-finished
Room Information
Rooms: 7
Basement Information
Basement: Full, Partially Finished
Exterior Details
Property Information
Square Footage : 3283
Architectual Style: Store+Dwell
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Excellent
Year Built: 1931
Building Information
Levels: Two
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.04
Lot Size Square Feet: 1938
Lot Size Dimensions: 25x77.5
Land Information
Water Source: Public
Water Source: None
Financial Details
Tax Annual Amount: $18,914
Utilities Details
Cooling: None
Heating: Natural Gas, Hot Water, Steam
Sewer : Public Sewer
Location Details
Directions: 112th St to Jamaica Ave
County or Parish: Queens
Other Details
Selling Agency Compensation: 2%
On Market Date: 2024-02-15
111-25 Jamaica Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
4
Beds
3
Baths
-
$1,350,000
Jan 19, 2022
$1,350,000
Jul 12, 2022
$928/mo
Sold
Multifamily
4
Beds
3
Baths
-
$1,370,000
Jan 11, 2022
$1,370,000
Apr 11, 2022
$807/mo
Sold
House
4
Beds
4
Baths
-
$1,450,000
Mar 4, 2021
$1,450,000
Aug 31, 2021
$704/mo
Sold
Multifamily
8
Beds
5
Baths
-
$1,325,000
Mar 20, 2021
$1,325,000
Aug 23, 2021
$859/mo
Multifamily
8
Beds
6
Baths
-
$1,230,000
Apr 11, 2019
$1,230,000
Aug 13, 2019
$642/mo
Sold
Multifamily
8
Beds
6
Baths
-
$1,300,000
Mar 16, 2022
$1,300,000
Oct 6, 2022
$743/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
111-25 Jamaica Avenue
111-25 Jamaica Avenue, Richmond Hill, NY 11418
- 4 Units
- 1 Unit for Sale
About Southwestern Queens
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Last Updated: 3 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
