19617 Jamaica AveHollis, NY 11423

Property Details for 19617 Jamaica Ave

Year built

1931

Lot size

0.05 AC

Property size (Sq ft)

2,156 SF

Zone code

R5

Property type

Investment properties

Property subtype

Live-work space

APN

10464-0042

APU

104640042

Description

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.

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.7137

Longitude

-73.7632

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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