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12404 Jamaica Avenue, Richmond Hill NY 11418
New York>Queens>Richmond Hill

12404 Jamaica AvenueRichmond Hill, NY 11418

For Sale

$1,190,000

Smart Buyer Rebate $14,875

Excellent mixed-use investment opportunity located the busy Jamaica Avenue in the heart of Richmond Hill. This property features a ground-floor restaurant with basement space and two residential apartments on the second floor, offering multiple income streams and approximately $83,000 in annual gross income.

The property sits on an approximately 19 x 81 lot with a building size of approximately 19 x 65 and is zoned R6A / C2-4.

The ground floor and basement are currently occupied by a restaurant paying $3,530 per month. The commercial tenant is also responsible for the entire building’s real estate taxes and water charges. The current lease is approaching expiration, providing the new owner with flexibility to negotiate a renewal or explore other leasing opportunities.

The second floor consists of two residential units:

* Front Unit: 2 bedrooms, living room, 1 bathroom — $1,550/month
* Rear Unit: 1 bedroom, living room, 1 bathroom — $1,750/month

Residential tenants pay their own electricity and gas. The residential units may be delivered vacant, offering additional flexibility for the new owner.

Annual real estate taxes are approximately $6,645, currently paid by the commercial tenant.

Located directly on Jamaica Avenue with strong visibility and convenient access to neighborhood shopping, dining, and transportation. Opportunity for investors seeking a mixed-use property with established income, low owner expenses, and future leasing flexibility in a prime Queens commercial location.

Listed by Sophia X. Yao

·

Chase Global Realty Corp

·

718-355-8788

Last updated September 17, 2026

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Source: OneKey #1051867

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond Hill
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu45
  • Taxes$6,279.2/year

Location

Mortgage Calculator

Listing History

09/16/2026
Listed by Chase Global Realty Corp
$1,190,000
  1. 09/16/2026$1,190,000
    Listed by Chase Global Realty Corp

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$11,900
Title Insurance
$5,355
Bank Attorney
$1,500
Mortgage Recording Tax
$18,326
Other Closing Costs
$4,000
Total
$45,081

Estimated closing costs are based on the list price of $1,190,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 12404 Jamaica Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1920
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,470
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,539

Financial

Taxes

  • Parcel Number: 09333-0002
  • Tax Annual Amount: $6,279.20
  • Tax Assessed Value: $59,160.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Schools

Elementary School

  • Elementary School: Ps 54 Hillside
  • Elementary School District: Queens 28

High School

  • High School: Richmond Hill High School
  • High School District: Queens 27

Middle or Junior School

  • Middle Or Junior School: Jhs 217 Robert A Van Wyck
  • Middle Or Junior School District: Queens 28

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 3 bedrooms and 2 bathrooms in this multi-family home at 12404 Jamaica Avenue.

What schools are nearby to 12404 Jamaica Avenue?

Nearby schools include the Ps 54 Hillside Elementary School, Jhs 217 Robert A Van Wyck Middle School, and Richmond Hill High School.

What are the annual taxes for 12404 Jamaica Avenue?

Annual taxes for this multi-family home are estimated at $6,279.

How does 12404 Jamaica Avenue compare to other multi-family homes in Richmond Hill?

This multi-family home is listed 8% below the average price for multi-family homes in Richmond Hill and has been on the market for 77 less days than the typical home in this area.

12404 Jamaica Avenue is a 3-bedroom, 2-bath multi-family home for sale in Richmond Hill NY 11418. On Prevu for 45 days at $1,190,000. This property is located in Richmond Hill. The median listing price for multi-family homes in this area is $999,999. Nearby schools include Ps 54 Hillside Elementary School, Jhs 217 Robert A Van Wyck Middle School, and Richmond Hill High School. Browse more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.