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9703 Jamaica Avenue, Jamaica, NY, 11421

2beds
1baths
1,901sqft
$789,000
$415price/sqft
$5,024/moest. monthly cost
$200,960/yrincome needed

About This Home

Welcome to 9703 Jamaica Ave, a mixed-use building featuring one commercial storefront and one residential unit above. Located in a high-visibility, high-traffic corridor, this property offers exceptional potential for both owner-users and investors. The building is fully vacant, providing maximum flexibility to occupy, renovate, or lease to new tenants at market rates. The commercial space is ideal for retail, while the residential unit offers excellent rental income potential. A rare opportunity to own a versatile property in a prime section of Jamaica Ave.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
51
BikeBikeable

Schools

8/10
Ps 254Grades PK-50.2 mi
6/10
4/10
Richmond Hill High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other

Heating & Cooling

  • Heating features: Baseboard,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,901
  • Total interior livable area: 1,901 sqft

Property

Details

  • Parcel number: 088920263
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,257 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,989$47,868
Home Insurance *$228$2,736
Property Taxes $493$5,916
Electricity $314$3,769
Total$5,024$60,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,251/yr
40% on housing$150,720/yr
45% on housing$133,973/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 11421$517
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11421$514
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$789,000
2026-03-26Pending sale$789,000
2026-01-28Price change$789,000
2025-12-23Listed for sale$850,000
2016-10-21Sold$639,999
2005-01-13Sold$418,000

For Sale by Agent

AgentYanli Zhang
BrokerageEXP Realty

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