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Investment Highlights

  • Fully Occupied, Income-Generating Mixed-Use Property
  • Approximately 6,270 SF of Total Interior Space
  • 2,040 SF Fully Finished Basement with dedicated utility room
  • Prime Jamaica Avenue Location with strong visibility and established commercial activity
  • 2,040 SF Ground-Floor Medical Office
  • Four 1-Bedroom Residential Apartments, providing diversified rental income

Executive Summary

Fully Occupied Mixed-Use Investment | 102-28 Jamaica Avenue, Richmond Hill, NY
Prime Income-Producing Mixed-Use Asset | Fully Occupied | Modern Construction | High-Traffic Jamaica Avenue Corridor
Prime America Real Estate presents an exceptional opportunity to acquire a fully occupied, income-generating mixed-use property strategically positioned along Jamaica Avenue in Richmond Hill, Queens. The property offers investors a compelling combination of commercial and residential income streams, modern construction, strong transportation access, and immediate cash flow potential.
Constructed in 2007, the approximately 6,270 SF building features durable fireproof concrete, brick, and steel construction and is configured to support both commercial and residential tenancy.
Property Highlights
Fully Occupied / Income Producing
Approximately 6,270 SF Total Interior Space
Approximately 2,040 SF Ground-Floor Commercial Space
Approximately 2,040 SF Finished Basement
Four 1-Bedroom Residential Apartments
Approximately 1,095 SF Second Floor
Approximately 1,095 SF Third Floor
Modern 2007 Construction
Fireproof Concrete, Brick & Steel Construction
Building-Wide Integrated Sprinkler System
Independent heating and boiler systems serving the residential units
Dedicated utility room
Strong commercial exposure along Jamaica Avenue
Convenient access to J and Z subway lines
Close to Q56 bus service
Multiple diversified income streams within one asset
Investment Opportunity
The property's mixed-use configuration provides investors with diversified rental income from both commercial and residential occupancy, reducing reliance on a single tenant or use. The ground-floor medical office benefits from Jamaica Avenue's established commercial environment and high visibility, while the four residential apartments provide additional recurring income.
The approximately 2,040 SF finished basement adds substantial usable space and enhances the property's overall utility and income-producing profile.
With approximately 6,270 SF of interior space and an asking price of $1,798,000, the property is offered at approximately $287/SF, providing investors an opportunity to acquire a modern, fully occupied mixed-use asset at an attractive basis.
Location
Located on the active Jamaica Avenue commercial corridor, the property benefits from established neighborhood retail, services, transportation, and residential density. Its proximity to the J and Z subway lines and Q56 bus route provides convenient connectivity for tenants, employees, customers, and residents.
102-28 Jamaica Avenue represents an attractive turnkey investment for investors seeking immediate income, diversified tenancy, modern construction, and long-term value in Queens.
Offered at $1,798,000 | Approximately 6,270 SF | Approximately $287/SF | Fully Occupied

Financial Summary (Pro Forma - 2027) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,270 SF
Building Class
B
Year Built
2007
Price
$2,499,202 CAD
Price Per SF
$398.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.88
Lot Size
0.05 AC
Zoning
R6A C2-4 - Mixed-use zoning district that's primarily residential with commercial uses on the street level
Frontage
60’ on Jamaica Ave

Amenities

  • Roof Terrace
  • Air Conditioning
  • Balcony
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

CTown
Bravo Supermarkets
Key Food
Crunch Fitness
Chase Bank
Flagstar
Stop & Shop
Valley National Bank
TD Bank
Retro Fitness

Property Taxes

Property Taxes

Parcel Number
09288-0013
Land Assessment
$64,658 CAD (2026)
Improvements Assessment
$310,201 CAD (2026)
Total Assessment
$374,859 CAD (2026)
  • Listing ID: 41944218

  • Date on Market: 2026-08-30

  • Last Updated:

  • Address: 10228 Jamaica Ave, Richmond Hill, NY 11418

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