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19113 Jamaica Ave
Hollis, NY 11423
Retail Property For Sale

Investment Highlights

  • Located in a highly traffic area.
  • Excellent transit with LIRR (Hollis Station), F train nearby, bus access, and LIE/I-495.
  • Retail and restaurants along Jamaica Ave, including popular Datz Deli and local grocers.

Executive Summary

This mixed-use property offers an appealing investment opportunity in Hollis, NY, located directly along Jamaica Avenue, a well-trafficked commercial corridor with access to major transit routes and community amenities. The property includes a two-story structure featuring a 775 sq ft ground-floor retail storefront, one 1-bedroom apartment at the rear, and two additional 1-bedroom units on the second floor. A finished basement provides versatile storage options, adding operational flexibility for an owner or tenant.
Two additional lots positioned behind the main building are part of the package, increasing overall utility and value. Combined, these lots provide R5 and C1-2 zoning, creating potential for warehouse, garage, or studio use. Current financials indicate steady rental revenue with pro forma projections showing significant upside for investors seeking income growth. Located near public transportation, LIRR, bus routes, and essential neighborhood services, this property suits both long-term hold strategies and value-add repositioning. With a competitive asking price and dual residential-commercial functionality, this asset stands out as a strong income generator in a densely populated Queens submarket positioned for consistent tenant demand.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,446 SF
Building Class
B
Year Built
1931
Price
$1,668,324 CAD
Price Per SF
$682.06 CAD
Cap Rate
7%
NOI
$116,783 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.30
Lot Size
0.04 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
18’ on Jamaica Ave

Property Taxes

Property Taxes

Parcel Number
10447-0043
Land Assessment
$60,388 CAD
Improvements Assessment
$234,843 CAD
Total Assessment
$295,231 CAD
  • Listing ID: 37173140

  • Date on Market: 2025-08-07

  • Last Updated:

  • Address: 19113 Jamaica Ave, Hollis, NY 11423

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