Fully Occupied Mixed-Use Investment | 102-28 Jamaica Avenue, Richmond Hill, NY
Prime Income-Producing Mixed-Use Asset | Fully Occupied | Modern Construction | High-Traffic Jamaica Avenue Corridor
Prime America Real Estate presents an exceptional opportunity to acquire a fully occupied, income-generating mixed-use property strategically positioned along Jamaica Avenue in Richmond Hill, Queens. The property offers investors a compelling combination of commercial and residential income streams, modern construction, strong transportation access, and immediate cash flow potential.
Constructed in 2007, the approximately 6,270 SF building features durable fireproof concrete, brick, and steel construction and is configured to support both commercial and residential tenancy.
Property Highlights
Fully Occupied / Income Producing
Approximately 6,270 SF Total Interior Space
Approximately 2,040 SF Ground-Floor Commercial Space
Approximately 2,040 SF Finished Basement
Four 1-Bedroom Residential Apartments
Approximately 1,095 SF Second Floor
Approximately 1,095 SF Third Floor
Modern 2007 Construction
Fireproof Concrete, Brick & Steel Construction
Building-Wide Integrated Sprinkler System
Independent heating and boiler systems serving the residential units
Dedicated utility room
Strong commercial exposure along Jamaica Avenue
Convenient access to J and Z subway lines
Close to Q56 bus service
Multiple diversified income streams within one asset
Investment Opportunity
The property's mixed-use configuration provides investors with diversified rental income from both commercial and residential occupancy, reducing reliance on a single tenant or use. The ground-floor medical office benefits from Jamaica Avenue's established commercial environment and high visibility, while the four residential apartments provide additional recurring income.
The approximately 2,040 SF finished basement adds substantial usable space and enhances the property's overall utility and income-producing profile.
With approximately 6,270 SF of interior space and an asking price of $1,798,000, the property is offered at approximately $287/SF, providing investors an opportunity to acquire a modern, fully occupied mixed-use asset at an attractive basis.
Location
Located on the active Jamaica Avenue commercial corridor, the property benefits from established neighborhood retail, services, transportation, and residential density. Its proximity to the J and Z subway lines and Q56 bus route provides convenient connectivity for tenants, employees, customers, and residents.
102-28 Jamaica Avenue represents an attractive turnkey investment for investors seeking immediate income, diversified tenancy, modern construction, and long-term value in Queens.
Offered at $1,798,000 | Approximately 6,270 SF | Approximately $287/SF | Fully Occupied