1201 Broadway, Suite 401, NYC 10001 | 212-228-6795|info@bridgepany.com
$1,900,000

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123-02 Jamaica Avenue

Bridge Property Advisors has been exclusively hired to arrange the sale of a mixed use corner building located at 123-02 Jamaica Avenue in Richmond Hill Queens 11418, The building consist of four floors above grade plus a lower level and totals approximately 5,520 square feet of above grade space. There are 2 (two) commercial units one that is on a month to month lease and one with a lease expiring in February of 2026 , and 9 (Nine) occupied Rent Stabilized residential units.

The property sits on a 2,300 square foot corner lot and is zoned R6A with a C2-3 commercial overlay, the property has a floor area ratio (‘FAR’) of 2.00 for commercial use, 3.00 for residential or community facility use. The maximum buildable square feet is approximately 6,900. There is approximately 1,391 square feet of un used air rights on the property.

The Property is conveniently located within steps of the J, Z, subway lines and is walking distance to the A train as well as the Q10, Q54 and Q56 bus lines. 123-02 Jamacia Avenue is located in Richmond Hill, a residential neighborhood located in the southwest part of the borough of Queensthat has both. Split between Queens Community Boards 9 and 10, the property neighbors Kew Gardens (to the north), Jamaica (to theeast), Ozone and South Ozone Park (to the south), and Woodhaven (to the west).

Property Overview

Address : 123-02 Jamaica Avenue
Building Class : C7
Lot SF : 2300
Block_Lot : 9332_1
Lot Dimensions : 23.58' x 100'
Building SF : 5509

Zoning

Zoning : R6A, C2-4
FAR : 3.0
Total Buildable SF : 6,900

Taxes

Assessment : $322,650
Taxes : $14,382.44
Tax Rate : 12.5020%

Attachments

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Brian Leary
bleary@bridgepropertyadvisors.com (718) 906-6660
Jidan Kim
jkim@bridgepany.com (718) 906-6662
James R. O'Neill
joneill@bridgepany.com (718) 906-6663
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