10228 Jamaica Ave - Storefront Retail/Office FOR SALE


Richmond Hill, NY 11418
$1,798,000 USD
646-371-6141
10228 Jamaica Ave, Richmond Hill, NY for Sale
$1,798,000 USD
Storefront Retail/Office - FOR SALE
1/36
null | Request Cap Rate

10228 Jamaica Ave
Richmond Hill, NY 11418


HIGHLIGHTS

  • Fully Occupied, Income-Generating Mixed-Use Property
  • Prime Jamaica Avenue Location with strong visibility and established commercial activity
  • Approximately 6,270 SF of Total Interior Space
  • 2,040 SF Ground-Floor Medical Office
  • 2,040 SF Fully Finished Basement with dedicated utility room
  • Four 1-Bedroom Residential Apartments, providing diversified rental income

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,798,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use 4+1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6A C2-4

APN/PARCEL ID

09288-0013

ASK ABOUT THIS PROPERTY

Gobinda LamaPrime America Real Estate, Inc.More Info
646-371-6141

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

Gobinda LamaPrime America Real Estate, Inc.More Info
646-371-6141

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