Refine Search
Sort by
$4,690,000
975757 MLS 117-11 & 117-13 BLDG.
Welcome to this great opportunity to own this Restaurant/bar along with 6 residential apartments. Well equipped and updated in 2020. First floor is the restaurant/bar with public assembly certificate of occupancy designation substantially 50 feet by 50 feet, capacity 250 seated, with fully equipped kitchen. The first floor is Vacant at Present. Rent offers can be at $15,000 to $16,000. Cap rate minimum of 6 to 6.5. Can be used as a restaurant, bar, or club. Restaurant has it's own boiler and water heater. 6 Apartment unit fully rented annual income of $160,200. 6 separate boiler and water heater for residential units, Tenants pay their own electric, heat and cooking gas. Situated in a great location. Close to all major highways, achieving schools , transportation, buses and trains.

117-11/13 Hillside Avenue, Richmond Hill

$4,690,000
978734 MLS
Welcome to this great opportunity to own this Restaurant/bar along with 6 residential apartments. Well equipped and updated in 2020. First floor is the restaurant/bar with public assembly certificate of occupancy designation substantially 50 feet by 50 feet, capacity 250 seated, with fully equipped kitchen. The first floor is Vacant at Present. Rent offers can be at $15,000 to $16,000. Cap rate minimum of 6 to 6.5. Can be used as a restaurant, bar, or club. Restaurant has it's own boiler and water heater. 6 Apartment unit fully rented annual income of $160,200. 6 separate boiler and water heater for residential units, Tenants pay their own electric, heat and cooking gas. Situated in a great location. Close to all major highways, achieving schools , transportation, buses and trains.

117-11/13 Hillside Avenue, Richmond Hill

$1,850,000
7 Beds 4 Baths 963645 MLS
Prime corner mixed-use property in the heart of Richmond Hill! Situated on a highly visible corner along bustling Jamaica Avenue, this well-maintained building features two street-level commercial units with outstanding frontage and exposure, along with two residential apartments above. An excellent opportunity for an owner-user to occupy one commercial space while generating rental income from the remaining units, or for an investor seeking a stable mixed-use asset. The corner location provides exceptional visibility, abundant natural light, and strong pedestrian and vehicle traffic, making it ideal for a variety of retail, office, or professional uses. Conveniently located near public transportation, major highways, shopping, restaurants, and neighborhood amenities. Whether you're looking to grow your business, expand your investment portfolio, or own a high-profile commercial property in Queens, this versatile mixed-use building offers outstanding long-term value and potential.

11402 Jamaica Avenue, Richmond Hill

$1,798,000
1041494 MLS
Prime Fully Occupied Mixed-Use Investment Opportunity | Richmond Hill Presenting a rare opportunity to acquire a fully occupied, income-generating mixed-use building in the heart of Richmond Hill's vibrant Jamaica Avenue commercial corridor. Located at 102-28 Jamaica Avenue, this modern asset was built in 2007 with a durable fireproof concrete, brick, and steel construction, offering investors immediate income and long-term investment potential. The building encompasses approximately 6,270 square feet of interior space and features a well-balanced mix of commercial and residential uses. The ground floor offers approximately 2,040 square feet and is occupied by a medical office, benefiting from excellent visibility and exposure along Jamaica Avenue. A fully finished approximately 2,040-square-foot basement provides additional usable space and includes a dedicated utility area. The residential component consists of four approximately 500-square-foot one-bedroom apartments, creating multiple income streams within one well-maintained asset. The apartments feature independent heating and boiler systems, helping reduce common utility responsibilities and supporting efficient property operations. The property's exceptional transportation access—just moments from the J and Z subway lines and the Q56 bus route—supports strong accessibility for both commercial and residential occupants. Surrounded by established businesses, services, and daily commuter activity, the location offers the fundamentals investors seek for sustained demand. Modern infrastructure includes an advanced sprinkler system, while the relatively recent construction provides a compelling alternative to older mixed-use inventory. With approximately 6,270 square feet of interior space and an offering price representing approximately $287 per square foot, this property presents an attractive value proposition for investors seeking a fully occupied, income-producing mixed-use asset with immediate cash flow and long-term upside. A compelling opportunity to add a modern, income-generating Richmond Hill property to your investment portfolio.

10228 Jamaica Avenue, Richmond Hill

$1,565,000
6 Beds 4 Baths 1047526 MLS
EXCELLENT FOUR-FAMILY INVESTMENT OPPORTUNITY! Beautifully renovated approximately four years ago, this income-producing property offers a like-new feel and is currently fully occupied with reliable tenants who consistently pay their rent on time. The property features two 2-bedroom, 1-full-bath units and two 1-bedroom, 1-full-bath lower units, each duplexed with finished basement space for recreational use. The rear lower unit also offers access to a private yard. Conveniently located near trains, buses, hospitals, shopping, restaurants, and everyday conveniences. A great opportunity for an investor seeking a well-maintained, fully occupied four-family property with immediate rental income. Take advantage of this excellent investment opportunity! Free market rents.

12615 Jamaica Avenue, Richmond Hill

$1,499,000
958560 MLS
Looking for the perfect hub for your business? This well-positioned warehouse in Richmond Hill offers the ideal blend of functional industrial space and professional office quarters. Strategically located for logistics and accessibility, this property is a rare find for an owner-operator looking to stop renting and start building equity. Lot Size: Approximately 2,500 sq. ft. of prime real estate. Flexible Layout: Open-concept warehouse floor with high ceilings, perfect for storage, light manufacturing, or distribution. Second-Floor Versatility: Features a dedicated second-floor space—ideal for a private administrative office or a functional mezzanine for additional inventory. Loading & Access: Easy street access with a dedicated loading bay designed for efficient workflow.

9011 130th Street, Richmond Hill

$1,498,000
8 Beds 6 Baths 1002782 MLS
Built in 2008, this brick-constructed three-family home in Richmond Hill features three stories above ground plus a basement. The first floor offers 2 bedrooms and 2 bathrooms, while the second and third floors each have 3 bedrooms and 2 bathrooms. The home boasts a square layout with an excellent floor plan and abundant natural light. Solid hardwood flooring runs throughout the entire house, which is exceptionally well-maintained. It includes 4 electric meters, 3 water heaters, 3 heating furnaces, and 3 gas meters. The spacious backyard can accommodate up to 3 parked cars. Located just one block from the subway station, the commute is both time-saving and effortless. The property is also adjacent to supermarkets and shops, with only a 20-minute drive to Flushing, offering great convenience for daily living. The lot measures 35.17 by 100 feet, with a building footprint of 24 by 46 feet. The property is now completely vacant.

102-42 86th Road, Richmond Hill

$1,299,999
1051627 MLS
CALLING ALL INVESTORS! Extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with stable cash flow. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

104-18 Jamaica Avenue, Richmond Hill

$1,299,000
1016032 MLS
Updated Cap Rate Calculation Annual Gross Income: $125,741 Annual Operating Expenses: $46,487 Net Operating Income (NOI): $79,254 Asking Price: $1,299,000 Cap Rate = NOI ÷ Purchase Price × 100 $79,254 ÷ $1,299,000 = 6.10% Cap Rate Property Remarks Exceptional investment opportunity in the highly desirable Richmond Hill neighborhood of Queens. This well-maintained six-unit multifamily building offers approximately 4,800 square feet of living space across three stories on a 0.06-acre lot. Built in 1930 and zoned R4A, the property produces an annual gross income of $125,741 and a net operating income of $79,254, resulting in an attractive 6.10% cap rate at the asking price. The building offers stable cash flow with strong upside potential and is ideally positioned in a high-demand rental market. Conveniently located near public transportation, shopping, schools, parks, and major highways, this turnkey asset presents an outstanding opportunity for investors seeking consistent income and long-term appreciation in one of Queens' most established neighborhoods.

8732 114th Street, Richmond Hill

$1,288,000
1008507 MLS
Positioned on the highly visible Jamaica Avenue commercial corridor in the heart of Richmond Hill, 106-17 Jamaica Avenue presents an exceptional mixed-use investment opportunity with strong income-producing potential (1 Retail Storefront and 2 Apartments Above). The first floor features a spacious commercial storefront complete with two half bathrooms, offering excellent exposure to both pedestrian and vehicular traffic. Above, the second-floor residential unit consists of four generously sized bedrooms and one full bathroom, while the third-floor unit offers an additional four-bedroom, one-bathroom layout, creating substantial rental income possibilities. A finished basement provides valuable bonus space and added flexibility for a variety of uses. Conveniently located near the 104th Street station serving the J and Z subway lines, as well as the Q56 bus along Jamaica Avenue, the property offers easy access throughout Queens, Brooklyn, and Manhattan. New owners will also enjoy private 2 car garage! Residents and tenants will enjoy proximity to some of Richmond Hill's most popular destinations, including Forest Park, featuring hiking trails, playgrounds, and recreational facilities. The neighborhood also offers convenient access to the vibrant shopping and dining options along Jamaica Avenue, nearby entertainment venues, and the transportation hub of Jamaica Center. Combining a prime commercial location, multiple residential units, and excellent transportation access, this mixed-use property represents a rare opportunity for investors and owner-users alike.

106-17 Jamaica Avenue, Richmond Hill

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.