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190-27-29 Jamaica Ave Hollis NY 11423 2 Retail Properties Offered at $4,424,000 CAD in Multiple Locations



INVESTMENT HIGHLIGHTS
- Side-by-side buildings — rare package opportunity
- Prime Jamaica Avenue frontage with heavy foot and vehicle traffic
- Excellent accessibility — near major roadways, bus lines, and LIRR
- Steady cash flow with built-in upside through escalations and renewals
- Surrounded by thriving retail, dining, and service businesses
- Perfect for investors, developers, or owner-users seeking long-term growth
EXECUTIVE SUMMARY
This prime mixed-use package offers two side-by-side commercial buildings on Jamaica Avenue, one of Queens’ most active retail corridors. With a combined footprint of approximately 5,976 square feet across a 5,292 square foot lot, the properties feature six residential units and two commercial spaces, generating over $193K in annual income. Tenants benefit from long-term leases with built-in escalations, while ownership enjoys a solid net operating income of $136,957. Located near major transit routes including the LIRR and key bus lines, the site offers excellent visibility and accessibility. Surrounded by thriving retail and residential density, this opportunity is ideal for investors seeking stable cash flow, redevelopment potential, or long-term growth in a high-demand Queens submarket.
PROPERTY FACTS
| Price | $4,424,000 CAD | Number of Properties | 2 |
| Price / SF | $740.29 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 4.28% | Total Building Size | 5,976 SF |
| Sale Type | Investment | Total Land Area | 0.13 AC |
| Status | Active |
| Price | $4,424,000 CAD |
| Price / SF | $740.29 CAD / SF |
| Cap Rate | 4.28% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,976 SF |
| Total Land Area | 0.13 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 190-29 Jamaica Ave, Hollis, NY 11423 | Retail | 3,576 SF | 1972 | - |
| 190-27 Jamaica Ave, Jamaica, NY 11423 | Retail | 2,400 SF | 1933 | - |
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190-27-29 Jamaica Ave Hollis NY 11423
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