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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. Office space renovated in 2004.

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
$1,441,020 CAD
Price Per SF
$692.80 CAD
Cap Rate
4.90%
NOI
$70,610 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
115’ on Jamaica Ave

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 -
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Bravo Supermarkets
CTown
Planet Fitness
Starbucks
Bank of America
Chase Bank
Crunch Fitness
Key Food
TD Bank
Tex's Chicken & Burgers

Property Taxes

Property Taxes

Parcel Number
09275-0162
Land Assessment
$32,604 CAD
Improvements Assessment
$182,460 CAD
Total Assessment
$215,064 CAD
  • Listing ID: 39163993

  • Date on Market: 2026-01-21

  • Last Updated:

  • Address: 121-15 Jamaica Ave, Richmond Hill, NY 11418

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