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125-16 Jamaica Ave
Richmond Hill, Queens | 125th Street & 126th Street
11 Rooms6 Beds3 Baths3,000 Square FeetMixed Use
$975,000
$975,000
Updated 3 years ago
Sold

125-16 Jamaica Ave

Richmond Hill, Queens | 125th Street & 126th Street

11 Rooms6 Beds3 Baths3,000 Square FeetMixed Use

$975,000
floors / apts3 / 2
Lot Size20'x92'
Built Size20'x50'
ZoneR6A
Building TypeLow-Rise
RE Taxes$7,142
Price Per SF
$325

This property was sold for $975,000 on 05/09/23.

Outdoor space and views

  • Backyard [42'x20']

Building Amenities

  • Voice Intercom

Property Description for 125-16 Jamaica Ave

Perfect investment opportunity at an approximate 6.5% cap rate Great retail block right on Jamaica Avenue in the heart of charming Richmond Hill Brick facade 3 stories with 1st Floor Commercial + 2 stories of Residential on top (1,000 sf per floor) plus full basement Residential Units have 3 bed/1 bath each with kitchen, dining, living areas Ground Level commercial with 4 separate rooms including laundry area & 1 bath & private backyard All 3 units separately metered for gas & electric Please contact listing agent for more information regarding income & expenses/NOI Being sold as is but has major potential renovation value

Listing History for 125-16 Jamaica Ave

Now
05/09/2023
$975,000
Sold and Closed by Jonathan Kramer
Compass
03/15/2023
Contract Signed by Jonathan Kramer
Compass
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Building Details for 125-16 Jamaica Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Contact Agents

Contact Agents

Jonathan Kramer
Compass
Ehab Elshinawy
Compass

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The MEDIAN

Manhattan | January 2022

According to New York City records, the median price for an apartment in Manhattan in the month of January was $1,200,000. The price represents an increase of 11.3% from last year’s median price of $1,077,500. The number of sales increased from 801 to 1,056 representing a year-over-year increase of 31.8%. What exactly does $1.2 millio...

posted on February 17, 2022
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 89678TH
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