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Mixed-Use Building with Restaurant
New
For Sale
$1,190,000

12404 Jamaica Ave, Richmond Hill, NY 11418

Mixed-use property combines a ground-floor restaurant, basement area, and two residential apartments in a multi-level configuration.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market1

Property Features for 12404 Jamaica Ave

General Information

Standard status Active
Lot size 0.04 Acres
Zoning R6A / C2-4

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Floor Ground
Gross Income $83,000
Road Access Yes

Building Details

Year Built 1920
Listing Agency: Chase Global Realty Corp
Listed By: Sophia X. Yao · License #10311201216
Source: Goatrealtyus
Added: Sep 7 Last Checked: Sep 7 at 2:52PM

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 Chase Global Realty Corp

Investment Insights

Based on property information with market context.

This mixed-use building, constructed in 1920, includes a ground-floor restaurant with basement space and two residential apartments on the second floor. The front apartment has 2 bedrooms, a living room, and 1 bathroom; the rear apartment includes 1 bedroom, a living room, and 1 bathroom. The commercial space is occupied by a restaurant, while the residential units may be delivered vacant.

The property occupies an approximately 19 x 81 lot with an approximately 19 x 65 building. It fronts Jamaica Avenue in Richmond Hill and is zoned R6A / C2-4, with access to neighborhood shopping, dining, and transportation. The commercial lease is approaching expiration, providing flexibility for renewal discussions or future leasing decisions.

Key Highlights

  • Ground‑floor restaurant with basement space
  • Two second‑floor apartments: one 2‑bedroom and one 1‑bedroom unit
  • Approximately 19 x 81 lot with an approximately 19 x 65 building

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Gym & Fitness Center Acupuncture Cafe & Coffee Shop Veterinary Clinic Restaurant Pet Grooming Service

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

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,718
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combines a ground-floor restaurant, basement area, and two residential apartments in a multi-level configuration.
Where is this mixed-use property located?
The property is located at 12404 Jamaica Ave Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Ground‑floor restaurant with basement space; Two second‑floor apartments: one 2‑bedroom and one 1‑bedroom unit; Approximately 19 x 81 lot with an approximately 19 x 65 building
More about this property
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