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For SaleLuxury

$1,798,000

47 days on market

10228 Jamaica Avenue

Richmond Hill, NY 11418

View records
· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

2007

Built

Listing narrative

Description

Prime Fully Occupied Mixed-Use Investment Opportunity | Richmond Hill Presenting a rare opportunity to acquire a fully occupied, income-generating mixed-use building in the heart of Richmond Hill's vibrant Jamaica Avenue commercial corridor. Located at 102-28 Jamaica Avenue, this modern asset was built in 2007 with a durable fireproof concrete, brick, and steel construction, offering investors immediate income and long-term investment potential. The building encompasses approximately 6,270 square feet of interior space and features a well-balanced mix of commercial and residential uses. The ground floor offers approximately 2,040 square feet and is occupied by a medical office, benefiting from excellent visibility and exposure along Jamaica Avenue. A fully finished approximately 2,040-square-foot basement provides additional usable space and includes a dedicated utility area. The residential component consists of four approximately 500-square-foot one-bedroom apartments, creating multiple income streams within one well-maintained asset. The apartments feature independent heating and boiler systems, helping reduce common utility responsibilities and supporting efficient property operations. The property's exceptional transportation access—just moments from the J and Z subway lines and the Q56 bus route—supports strong accessibility for both commercial and residential occupants. Surrounded by established businesses, services, and daily commuter activity, the location offers the fundamentals investors seek for sustained demand. Modern infrastructure includes an advanced sprinkler system, while the relatively recent construction provides a compelling alternative to older mixed-use inventory. With approximately 6,270 square feet of interior space and an offering price representing approximately $287 per square foot, this property presents an attractive value proposition for investors seeking a fully occupied, income-producing mixed-use asset with immediate cash flow and long-term upside. A compelling opportunity to add a modern, income-generating Richmond Hill property to your investment portfolio.

Listing agent (MLS): Gobinda K. Lama · Listing brokerage (MLS): Prime America Real Estate Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,798,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,326 sqft

Year

2007

Status

For Sale

Days on Market

47

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Prime America Real Estate Inc