Prime Jamaica Avenue Mixed-Use Investment – Richmond Hill, Queens Exceptional opportunity to acquire a 3-story brick mixed-use building located on a high-traffic retail block directly on Jamaica Avenue, near 126th Street, in the heart of Richmond Hill, Queens. This is a fully occupied, income-producing asset with strong upside and long-term redevelopment potential.The property consists of approximately 3,000 square feet above grade (1,000 SF per floor) plus a full 1,000 SF basement. Configuration includes ground-floor commercial space and two residential floors above. Building Configuration: Ground Floor Commercial: Approx. 1,000 SF retail space currently occupied (barber shop), featuring four separate rooms, one bathroom, laundry area, and private enclosed backyard. Residential: Two free-market 3-bedroom / 1-bath apartments, each with separate kitchens, dining areas, and living rooms. Additional studio unit noted as income-producing .Basement: Full-height, approx. 1,000 SF, offering storage or future value-add potential. Key Features: Brick façade Building size: 20 ft × 50 ft Lot size: 20 ft × 92 ft Separately metered gas and electric for all units Zoning: R6A / C2-4 Additional buildable FAR approx. 1,527 SF New roof, boiler, and capital improvements completed in 2023 Low-maintenance building Private backyard Located in a major retail corridor with excellent visibility and foot traffic, the property is steps from J, Z, and F subway lines, LIRR, JFK Airport AirTrain, and the future IBX transit line, making it highly attractive to both residential tenants and commercial users. Offered as-is, this asset presents significant renovation and repositioning potential and is projected. Income, expenses, and NOI available upon request.
Active
$1,500,000
125-16 Jamaica Ave #1, Richmond Hill, NY 11418
6beds
4,000sqft
Mixed Use
Built in 1920
-- sqft lot
$1,472,100 Zestimate®
$375/sqft
$-- HOA
What's special
- 230 days
- 57
- 1
Zillow last checked:
Listing updated:
Listed by:
Brooklyn Real Property Inc 718-272-8988,
Jean Paul Ho,
Siu Yee (Venus) Shum
Source: StreetEasy,MLS#: S1806777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Appliances
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Richmond Hill
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Richmond Hill
Financial & listing details
- Price per square foot: $375/sqft
- Date on market: 1/16/2026
Estimated market value
$1,472,100
$1.40M - $1.55M
$6,172/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Listed for sale | $1,500,000$375/sqft |
Source: StreetEasy #S1806777 Report a problem | ||
Public tax history
Tax history is unavailable.




