108-06 & 108-08 Jamaica Avenue, Jamaica, NY 11418
Two three-story mixed-use buildings total 6,600 sf, with ground-floor retail and residential units, plus a renovated basement.
Property Features for 108-06 & 108-08 Jamaica Avenue
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Based on property information with market context.
108-06 Jamaica Avenue totals 3,300 sf and includes three residential units plus a ground-floor retail unit currently occupied by a dry cleaners. The retail lease expires 12/31/17 and includes a five-year option with a 3% increase. The building recently received a new gas boiler and water tank.
108-08 Jamaica Avenue totals 3,300 sf and includes three residential units plus a commercial unit currently occupied by a dental lab. The commercial unit is leased to the owner, who is willing to sign a five-year lease with 3% increases and a five-year option. The property also features a finished renovated basement.
Key Highlights
- Two three‑story mixed‑use buildings in Richmond Hill, NY totaling 6,600 SF, constructed circa 1920
- Total of six free‑market units: one ground‑floor retail unit plus residential units, with additional commercial space in the second building
- 108‑06 Jamaica Avenue totals 3,300 SF with 3 residential units and a ground‑floor retail unit currently occupied by a dry cleaners
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Vacancy Rate% for Multifamily in Northeast region