Tara Downing, Associate RE Broker
Call: (516) 317-5303
Text: (516) 317-5303
MLS#970090
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
CALLING ALL INVESTORS! CASH FLOW KING- extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current Cap rate of 5.5%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: Ductless, Wall/Window Unit(s)
Heating: Baseboard, Other
Lot Size: 0.05 Acres
Taxes: $5,932
Year Built: 1920
Amenities
Other
Feature Descriptions
Building Area Total: 1670
Days on Site: 2
Exterior: Brick
On Market Date: 2026-03-11
Parcel Number: 09289-0008
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: See Remarks
Water: Public
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Estimated Payment
$ 3,837.22 per month $2,955.55 Principal & Interest $494.33 Property Tax $387.33 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 347-272-8002
Shown By
Agent Name: Tara Downing, Associate RE Broker
Agent Phone: (516) 317-5303
Agency Title: Laffey Real Estate
10418 Jamaica Avenue | MLS# 970090
This multi-family property located at 10418 Jamaica Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,328,000. Search Richmond Hill real estate on taradowning.laffey.com today.