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Property view

12404 Jamaica Avenue, 
Richmond Hill, NY 11418

$1,190,000


3

Beds


2

Baths


2,470

Sq Ft


Multi-Family

Active

Listed by

Sophia X. Yao

Chase Global Realty Corp

Last updated:

September 20, 2026, 11:17 AM

MLS#

1051867

Source:

OneKey MLS

About This Home

12404 Jamaica Avenue

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/month Residential 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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1920

Price Summary

1,190,000

$481 per Sq. Ft.

MLS #:

1051867

Last Updated:

September 20, 2026, 11:17 AM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Building Area:

2,470 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

1,539


Finances & Disclosures

Finances

Price:

$1,190,000

Price per Sq. Ft:

$481 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.