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For Sale

$675,000

103 days on market

12513 Jamaica Avenue

Richmond Hill, NY 11418

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Approved Mixed-Use Development Site | Prime Jamaica Avenue Location An exceptional investment opportunity awaits on one of Queens' busiest commercial corridors. 125-13 Jamaica Avenue is a vacant development parcel offered with approved plans for a four-story mixed-use building totaling approximately 6,800 square feet, allowing a buyer to move forward with development immediately. Positioned on vibrant Jamaica Avenue, this property benefits from excellent visibility, heavy pedestrian traffic, established retail businesses, and convenient access to public transportation, making it an ideal location for both residential and commercial use. Development Highlights Vacant development site Approximately 18 ft. x 119 ft. lot (2,224± SF) R6A/C2-4 zoning Approved architectural plans included Proposed approximately 6,800 SF mixed-use building Ground-floor commercial retail space Six residential apartments Four 1-bedroom units Two 2-bedroom units Excellent frontage along Jamaica Avenue Strong rental demand in the surrounding neighborhood Outstanding Location Located in the heart of Richmond Hill, the property is surrounded by national retailers, neighborhood businesses, restaurants, schools, and professional offices. Residents will enjoy convenient access to the J and Z subway lines, multiple bus routes, and nearby major roadways, providing an easy commute throughout Queens, Brooklyn, and Manhattan. Whether you're a seasoned developer looking for your next project or an investor seeking long-term appreciation and income potential, this approved development site presents a rare opportunity to build in one of Queens' most established and rapidly growing neighborhoods.

Listing agent (MLS): Brigette Smith · Listing brokerage (MLS): 1st American One NYC LTD

Property Details

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Price

$675,000

Beds

Beds n/a

Type

Land

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,143 sqft

Year

Year n/a

Status

For Sale

Days on Market

103

· 8% down, 7% APR, 30yr fixed
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Courtesy of 1st American One NYC LTD

12513 Jamaica Avenue, Richmond Hill | Keller New York