2 months on rocket

111-25 Jamaica Ave, Richmond Hill, NY, 11418

$1,588,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 3 Partial
3,283 SqFt
$484/SqFt
Multi
Schools Nearby

Location

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111-25 Jamaica Ave, New York$1,588,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1931
HeatingNatural Gas, Hot Water, Steam
CoolingNone
BasementYes
MLS #3531985
Lot Size0.04 Acres
StatusActive
(A)

About 111-25 Jamaica Ave

Prime mixed-use investment in vibrant Richmond Hill! This fully operational property on busy Jamaica Ave blends retail and residential for excellent income. The building features 2 active commercial units occupied by a popular deli and restaurant on the first floor, plus 2 well-maintained apartments above - 1 bedroom and 2 bedroom layouts. Perfectly situated just steps from the J and Z trains, residents enjoy quick commutes throughout NYC. The high-visibility location near transit is ideal for businesses targeting foot traffic.

Property Details

Property Features

Property Information:

  • Architectural Style: Store+Dwell
  • Year Built: 1931
  • Living Area: 3,283 SqFt

Listing Office:

  • Office Name: NY Superior Realty
  • Office Phone: (718) 205-7770

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen, Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: 112th St to Jamaica Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,588,000
  • Price Per SqFt: $484/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

111-25 Jamaica Ave vs New York

73 DAYS ON ROCKET

-23 Days

$1,588,000

+$742.5K More

$484/SqFt

-$153 Less

KEY TAKEAWAY

This property is $742.5K more than the Median Sold Price and $153/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3531985

Listing Office:

  • Office Name: NY Superior Realty
  • Office Phone: (718) 205-7770

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 10:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,993

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,827

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2682018
5
/10

  • PS 273

  • 8807 102nd St

  • 0.12 miles

  • Public District Grades PK-3

school-card-donut-2682019
5
/10

  • Rosa Parks School (The)

  • 8440 101st St

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-2682020
10
/10

  • PS 66 Jacqueline Kennedy-Onassis

  • 8511 102nd St

  • 0.22 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,923. The majority of New York, NY residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11418›111-25 Jamaica Ave

This home is located at 111-25 Jamaica Ave in Richmond Hill, NY and zip code 11418 in the Southwestern Queens neighborhood. This 3,283 square foot home, which was built in 1931, sits on a 0.04 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $1,588,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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