119-22 Jamaica Avenue, Jamaica, NY 11418
$799,000 · built 1915 · MLS# 1056594 · Active
Positioned along the highly visible Jamaica Avenue corridor in Richmond Hill, 119-22 Jamaica Avenue presents an exciting opportunity for an investor, developer, or end user to reimagine the property to suit their vision. Located just moments from the 121st Street J/Z subway station and near Lefferts Boulevard, the property benefits from excellent transportation access, strong pedestrian, subway and vehicle exposure, established neighborhood businesses, and convenient connections throughout Queens and into Manhattan plus easy access to JFK Airport. Whether considering redevelopment, commercial use, investment, or a custom project, this centrally located…
Two-to-three-family homes in ZIP 11418 sold for a median of $925,000 (typically $855,000–$1,180,000) across 28 recorded sales between Oct 10, 2025 and Sep 15, 2026, down 5.6% on the 12 months before.
At about $4,243 a year, this home's property tax runs roughly 39% below the $7,000 typical for ZIP 11418. Exemptions such as STAR, Senior or Veteran change what is actually billed, so a new owner's bill is often not the same as the seller's.
OneKey MLS (recorded Queens sales, trailing 12mo) + actual tax
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 11, 2026 7:30 pm. 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.
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Jamaica Market Trend
Over the past 2 years, Jamaica's market has held broadly steady — the median sale price has hovered around $845K, ranging from $587K to $1.04M month to month, with no sustained directional trend. The typical recent sale has taken about 70 days to go under contract. It's also worth noting that the roughly $820K blended median combines very different property types, so it may not describe any single one: of 163 recent sales, single-family made up the largest share at about 45% with a median near $780K, multi-family (2-4 family) about 37% near $963K, co-ops about 10% near $275K, condos about 7% near $443K. Because multi-family (2-4 family), though not the most common, is priced far enough from the rest to pull the blend up, the blended figure tends to sit above the single-family median rather than below it — so a typical single-family house has tended to sell closer to $780K, roughly $40K under the headline number, even though the much lower-priced co-ops in the mix pull the other way but at about 10% are too small a share to offset that lift. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
More homes nearby
Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.