The Bryan Karp Team
BEDS4
BATHS2 full
MLS#1010470
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 27
Property Description
RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOWLook 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 bathroomsCompletely 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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Cooling: Ductless
Heating: Baseboard, Other
Lot Size: 0.04 Acres
Taxes: $5,836
Year Built: 1920
Amenities
Other
Feature Descriptions
Exterior: Brick
On Market Date: 2026-06-08
Parcel Number: 09289-0012
Parking Features: On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: See Remarks
Water: Public
Local Schools
High School: Richmond Hill High School
Middle School: Jhs 210 Elizabeth Blackwell
Elementary School: Ps 66 Jacqueline Kennedy-Onassis
School District: Queens 27
Estimate Your Payment
Estimated Payment
$ 7,064.63 per month $6,219.55 Principal & Interest $486.33 Property Tax $358.75 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 347-272-8002
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
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10428 Jamaica Avenue | MLS# 1010470
This multi-family property located at 10428 Jamaica Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,230,000. Jamaica Avenue is located within the Queens 27 school district. Search Richmond Hill real estate on www.soldbybryan.com today.