Newly & Fully Renovated Prime Jamaica, Queens Four-Family Investment Opportunity
Located along the vibrant Jamaica Avenue corridor an excellent opportunity for investors seeking a well-positioned, income-producing multifamily property.
This nearly 3,000-square-foot building features four residential units offering a combined six bedrooms and four full bathrooms. The first floor includes two separate one-bedroom, one-bathroom duplex apartments, each extending to the basement level. The property also includes two additional two-bedroom, one-bathroom apartments.
Zoned R6A with a C2-4 commercial overlay, the property may offer additional mixed-use or commercial possibilities, subject to applicable zoning regulations, approvals, and due diligence.
Conveniently situated near shopping, dining, public transportation, and other neighborhood amenities, this property offers strong income potential in a highly accessible Queens location. An outstanding opportunity for investors, owner-occupants, or buyers looking to expand their New York City real estate portfolio.
For sale
$1,565,000
12615 Jamaica Avenue, Richmond Hill, NY 11418
--beds
--baths
2,880sqft
Quadruplex, Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$543/sqft
$-- HOA
What's special
Combined six bedrooms
- 1 day
- 55
- 4
Zillow last checked:
Listing updated:
Listed by:
Axen Realty LLC 610-395-3334,
Tiffanie R. Bailey Romey C2EX 610-395-3334
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1044711
Facts & features
Interior
Heating
- Electric
Cooling
- Central Air
Features
- First Floor Bedroom, First Floor Full Bath, High Speed Internet, Open Kitchen, Recessed Lighting
- Flooring: Hardwood
- Windows: ENERGY STAR Qualified Windows
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Parking
- Parking features: None
Lot
- Size: 1,985 Square Feet
Details
- Parcel number: 092800032
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Unknown
Condition
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Richmond Hill
Financial & listing details
- Price per square foot: $543/sqft
- Tax assessed value: $225,900
- Annual tax amount: $11,611
- Date on market: 8/30/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Agency
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $1,565,000+116.8%$543/sqft |
Source: | ||
| 4/12/2020 | Listing removed | $2,650$1/sqft |
Source: Citiwide Real Estate & Mgmt NY #3206755 Report a problem | ||
| 3/10/2020 | Listed for rent | $2,650$1/sqft |
Source: Citiwide Real Estate & Mgmt NY #3206755 Report a problem | ||
| 5/20/2019 | Sold | $722,000+3.3%$251/sqft |
Source: Public Record Report a problem | ||
| 4/3/2019 | Listed for sale | $699,000-52.2%$243/sqft |
Source: NY HOME VENTURES #10584834 Report a problem | ||
| 3/29/2018 | Sold | $1,463,642+110.6%$508/sqft |
Source: Public Record Report a problem | ||
| 11/28/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 11/1/2006 | Sold | $695,000+175.8%$241/sqft |
Source: Public Record Report a problem | ||
| 1/31/2001 | Sold | $252,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $188,100 +20.1% |
| 2024 | -- | $156,600 +5.5% |
| 2023 | -- | $148,500 +20% |
| 2022 | -- | $123,750 +5% |
| 2021 | -- | $117,900 -11.2% |
| 2020 | $9,000 +0% | $132,750 -20% |
| 2019 | $9,000 +2.1% | $165,960 +137.5% |
| 2018 | $8,814 +7.1% | $69,889 +8% |
| 2017 | $8,232 +6.6% | $64,723 +8% |
| 2016 | $7,723 | $59,944 +8% |
| 2015 | $7,723 +54% | $55,506 |
| 2014 | $5,016 | $55,506 +3.2% |
| 2013 | -- | $53,761 +8% |
| 2012 | -- | $49,787 +8% |
| 2011 | -- | $46,111 +8% |
| 2010 | -- | $42,697 |
| 2009 | -- | $42,697 +3.2% |
| 2008 | -- | $41,355 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Kew Gardens
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 54 Hillside
- Middle: Jhs 217 Robert A Van Wyck
- High: Forest Hills High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




