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

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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
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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  • Listing ID: 38008058

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 190-27-29 Jamaica Ave Hollis NY 11423, Hollis, NY

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