12302 Jamaica Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
12302 Jamaica Ave
11 Unit Apartment Building $2,622,319 CAD ($238,393 CAD/Unit) 7.94% Cap Rate Richmond Hill, NY 11418
Investment Highlights
- In Close Proximity to the J and Z Trains
- High Traffic Area
- Corner Exposure
- In Close Proximity to multiple retail stores and restaurnats
Executive Summary
Asset CRG Advisors has retained an exclusive to sell 123-02 Jamaica Ave, Richmond Hill, NY 11418. The property is a mixed-use building in the heart of Richmond Hill, Queens. The building consist of four floors above grade plus a lower level and totals approximately 5,520 square feet of above grade space. There are 2 commercial units one that is on a month to month lease and one with a lease expiring in February of 2026, 9 occupied Rent Stabilized residential units. The property sits on a 2,300 square foot corner lot and is zoned R6A with a C2-3 commercial overlay.
Property Facts
| Price | $2,622,319 CAD | Apartment Style | Mid Rise |
| Price Per Unit | $238,393 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.94% | Building Size | 5,509 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1910/2010 |
| Property Subtype | Apartment |
| Price | $2,622,319 CAD |
| Price Per Unit | $238,393 CAD |
| Sale Type | Investment |
| Cap Rate | 7.94% |
| Sale Conditions | 1031 Exchange |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,509 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2010 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| Studios | 2 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 09332-0001 | Improvements Assessment | $272,125 CAD |
| Land Assessment | $181,603 CAD | Total Assessment | $453,728 CAD |
PROPERTY TAXES
Parcel Number
09332-0001
Land Assessment
$181,603 CAD
Improvements Assessment
$272,125 CAD
Total Assessment
$453,728 CAD
zoning
| Zoning Code | R6A, C2-3 (Mixed Use) |
| R6A, C2-3 (Mixed Use) |
-
Isaac Matayev -
Asset CRG Advisors LLC
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
12302 Jamaica Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.