10428 Jamaica Avenue, Richmond Hill, NY 11418
- $1,230,000
- 4
- BD
- 2
- BA
- List Price
- $1,230,000
- MLS#
- 1010470
- Status
- ACTIVE
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 1915
Property Description
RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOW Look no further! This fully renovated, well-maintained brick mixed-use building offers the perfect blend of stable rental income and prime commercial potential. Boasting extremely low property taxes, this property is an exceptional addition to any portfolio. Prime Commercial Storefront: Currently vacant and ready for immediate occupancy! Featuring high visibility in a high-density area with heavy foot and vehicle traffic, it is perfect for an owner-user to launch their own business or for an investor to lease out at top market rent. Turnkey Residential Unit: The upper level are fully occupied by stable, long-term tenants. Configured as a total of 4 bedrooms and 2 bathrooms Completely Updated: Thoroughly renovated 6 years ago with new windows, updated electrical, and modern heating systems. Tenant-Paid Utilities: Enjoy hassle-free management with separate meters for both gas and electric. This is a stabilized asset with immediate residential income from day one, plus massive upside potential once the storefront is utilized. Don't miss out on this rare opportunity to live, work, or invest in a high-demand location!
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Additional Information
- Year Built
- 1920
- School District
- Queens 27
- Taxes Total
- 5836
- Heating
- Baseboard, Other
- Parking
- On Street
- Basement
- Partially Finished
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $5,836
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Listing courtesy of Listing Agent: Junbing Ye (icyye.yau@gmail.com) from Listing Office: B Square Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.