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121-15 Jamaica Ave 2,080 SF 100% Leased Retail Building Richmond Hill, NY 11418 $1,435,287 CAD ($690.04 CAD/SF) 4.90% Cap Rate



Executive Summary
Exceptional mixed-use opportunity located at 121-15 Jamaica Avenue, offering versatility, strong income potential, and a high-traffic, transit-rich location. The first floor is perfectly suited for professional use, ideal for a medical office, dentist, accountant, physical therapist, or other professional services. The second floor features a spacious residential layout with three bedrooms, a living room, a full kitchen, and a full bathroom, making it ideal for owner occupancy or rental income. The property also includes a full basement, two separate electric meters, and excellent functionality for multiple uses. This property is ideal for an owner-user—operate your business on the first floor while renting out the residential unit above, or maximize income with both units. Situated on busy Jamaica Avenue with heavy foot and vehicle traffic, the location is unbeatable—just steps from the train station, near Lefferts Boulevard subway station, Van Wyck Expressway, and only minutes to JFK Airport, the Belt Parkway, and other major highways. Manhattan is just 20–30 minutes away. A rare opportunity in a prime commercial corridor—don’t miss your chance to own in one of Queens’ most dynamic locations. Act now before it’s gone.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,080 SF
Building Class
B
Year Built
2004
Price
$1,435,287 CAD
Price Per SF
$690.04 CAD
Cap Rate
4.90%
NOI
$70,329 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C2-4,R6A - C2-4 a residential district with commercial uses on the street level. R6A a medium-density residential zoning district
Frontage
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- medical office
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| medical office | Health Care and Social Assistance | 99,999 SF | $9.99 | - |
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | 09275-0162 | Improvements Assessment | $182,069 CAD |
| Land Assessment | $32,534 CAD | Total Assessment | $214,603 CAD |
Property Taxes
Parcel Number
09275-0162
Land Assessment
$32,534 CAD
Improvements Assessment
$182,069 CAD
Total Assessment
$214,603 CAD
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121-15 Jamaica Ave
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