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Single-Story Retail Building
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112-12 Jamaica Ave, Richmond Hill, NY 11418

Single-story retail building with a leased anchor tenant and a vacant corner unit, gut renovated in 2018.

Property SizeContact for details
Days on Market120

Property Features for 112-12 Jamaica Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Meridian Capital Group
Listed By: Eugene Kim · License #NY 10401241548
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian Capital Group

Investment Insights

Based on property information with market context.

B6 Real Estate Advisors presents a single-story retail building at 112-12 Jamaica Avenue. The property totals approximately 8,760 SF and is configured with an occupied Dollar General space of approximately 8,000 SF plus a vacant corner retail space of approximately 760 SF. The entire property was gut renovated in 2018.

The building sits on the southwest corner of Jamaica Avenue and 113th Street in Richmond Hill, Queens, NY. An ICAP tax abatement is in place for 15 years through 2033.

The property also includes additional air rights, supporting consideration for long-term mixed-use development where permitted. It is positioned for long-term ownership or a 1031 exchange strategy, based on the structure of the tenancy and the available tax benefit through 2033.

Key Highlights

  • Single‑story retail building on the southwest corner of Jamaica Avenue and 113th Street in Richmond Hill, Queens, NY
  • +/- 8,760 SF building with Dollar General occupying +/- 8,000 SF
  • Vacant corner retail space of +/- 760 SF

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,883
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single-story retail building with a leased anchor tenant and a vacant corner unit, gut renovated in 2018.
Where is this grocery and convenience store located?
The property is located at 112-12 Jamaica Ave Richmond Hill, NY.
What are key features of this property?
This property features: Single‑story retail building on the southwest corner of Jamaica Avenue and 113th Street in Richmond Hill, Queens, NY; +/- 8,760 SF building with Dollar General occupying +/- 8,000 SF; Vacant corner retail space of +/- 760 SF
(646) 502-3481 Call to check price and availability
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