12302 Jamaica Ave - Apartments FOR SALE


Richmond Hill, NY 11418
$1,850,000 USD
646-389-1130
12302 Jamaica Ave, Richmond Hill, NY for Sale
$1,850,000 USD
Apartments - FOR SALE
1/6
null | 7.94% Cap Rate

12302 Jamaica Ave
Richmond Hill, NY 11418


HIGHLIGHTS

  • In Close Proximity to the J and Z Trains
  • Corner Exposure
  • High Traffic Area
  • In Close Proximity to multiple retail stores and restaurnats

OVERVIEW

Asset CRG Advisors has retained an exclusive to sell 123-02 Jamaica Ave, Richmond Hill, NY 11418. The property is a mixed-use building in the heart of Richmond Hill, Queens. The building consist of four floors above grade plus a lower level and totals approximately 5,520 square feet of above grade space. There are 2 commercial units one that is on a month to month lease and one with a lease expiring in February of 2026, 9 occupied Rent Stabilized residential units. The property sits on a 2,300 square foot corner lot and is zoned R6A with a C2-3 commercial overlay.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$336 USD /SF

# OF UNITS

11

PRICE/UNIT

$168,182

CAP RATE

7.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,300 SF

ZONING

R6A, C2-3

APN/PARCEL ID

09332-0001

ASK ABOUT THIS PROPERTY

Isaac MatayevAsset CRG Advisors LLCMore Info
646-389-1130

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Isaac MatayevAsset CRG Advisors LLCMore Info
646-389-1130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.