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    10438 Jamaica Ave Richmond Hill, NY 11418

    For Sale
    $5,950,000

    MULTI_FAMILY - Richmond Hill, NY

    Lot size:
    0.17 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 10438 Jamaica Ave

    General Information

    Special listing conditions
    Real Estate Owned, In Foreclosure
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Real Estate Owned, In Foreclosure
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    09289-0015
    Parking features
    Parking Lot
    Interior features
    Eat-in Kitchen
    Basement
    Storage Space
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1964
    Number of units
    2
    Building materials
    Brick

    AA REALTY FIRST INC (718) 886-0998 [email protected]

    Listing agent William Li CBR (718) 463-8518

    Listing date Dec 3, 2025

    MLS# 940365 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Hill Mixed-Use Investment

    This mixed-use property in Richmond Hill, NY, features a combination of residential and commercial spaces. The property includes a two-family residence, four stores, and a laundromat. Additionally, the offering includes a land lot measuring 30x100 feet with an approved plan. Combined, the two lots provide a total area of 10,000 square feet (100x100 feet) within an R6A zoning district. The property offers income potential and the possibility for further development, with a buildable area of 30,000 square feet. The lot size is approximately 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond Hill
    County
    Queens
    State
    New York
    Longitude
    -73.842056
    Latitude
    40.694992

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail, residential, and development potential.
    Where is this mixed-use property located?
    The property is located at 10438 Jamaica Ave Richmond Hill, NY.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - Mixed-use building package featuring a 2-family home, 4 stores, and a laundromat.; - Large 10,000 sqft lot (100x100) with approved plan for additional development.; - High buildable square footage: Potential for 30,000 sqft.
    (718) 463-8518
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    Richmond Hill, NY 11418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10438 Jamaica Ave Richmond Hill, NY 11418
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