For Sale
$929,000

19617 Jamaica AveHollis, NY 11423

Prime location, high traffic, store & apartments.

Overview

Added:
Feb 3
Days on market:
71
This exceptional mixed-use property presents a lucrative investment opportunity in the thriving Hollis, NY market. Situated at 19617 Jamaica Avenue, this building benefits from significant foot and vehicle traffic, ensuring high visibility and accessibility for both commercial and residential tenants. The property encompasses a total of 2,156 square feet, distributed equally between commercial and residential space. The ground floor comprises a 1,078 square foot commercial space, currently operating as a retail store, offering immediate income potential. Upstairs, two apartments, each totaling 1,078 square feet, provide additional rental income streams. The property sits on a conveniently sized 0.06-acre lot, providing ample space for potential future expansion or outdoor amenities. Given its prime location, substantial square footage, and existing income-generating components, this mixed-use property is ideally suited for savvy investors seeking a strong return on investment in a dynamic and rapidly developing area. The property's current configuration offers immediate cash flow, while the substantial size presents opportunities for future development and value appreciation. This is a rare opportunity to acquire a well-positioned mixed-use asset in a high-demand area. Don't miss out on this chance to secure a valuable piece of Hollis real estate.

Property Details for 19617 Jamaica Ave

Property type
Mixed-use properties
Year Built
1931
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Hollis
County
Queens
State
New York
Latitude
40.71356
Longitude
-73.76323
19617 Jamaica Ave, Hollis, New York

FAQs

What type of property is this?
Mixed-use property - Prime location, high traffic, store & apartments.
Where is the mixed-use property located?
The property is located at 19617 Jamaica Ave Hollis, NY.
What is the asking price?
The asking price for this property is $929,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19617 Jamaica Ave
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