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Listed price in listed location currency (USD).
$1,750,000

000

MLS® 958205

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $13,500
Days Active 4
Approx. Age 
MLS® Number 958205

Property Address: 190 Jamaica Ave, Hollis, NY, 11423-2548

Average square foot calculated using Size range provided by listing agent.

Description

This two-story mixed-use building offers approximately 4, 594 SF on a lot with about 24 feet of frontage along Jamaica Avenue. Built in 1931 and zoned R5, the property supports both residential and commercial use and is fully income-producing with stable, long-term tenants. The building includes two commercial units on the first floor (a real estate office and a church), a tenant-occupied basement space, and a four-bedroom residential apartment on the second floor. The property generates a total gross annual income of $97, 200, derived from monthly rents of $2, 300 (real estate office), $2, 200 (church), $1, 100 (basement tenant), and $2, 500 (four-bedroom apartment). Annual operating expenses total approximately $22, 900, including real estate taxes, insurance, heat, and water, resulting in a net operating income (NOI) of $74, 300 and an estimated cap rate of approximately 4.37%.
MLS® Number958205
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$1,750,000List Price
Aug 4, 2025End Date
$12,250Sold Price

Leased

May 15, 2025List Date
$14,000List Price
  • Commute

Commute

Starting Address
Destination Address
190 Jamaica Ave, Hollis, NY

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