BEDS0
BATHS
MLS#958205
STATUSActive
PROPERTY TYPECommercial - Multiple
Property 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%.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Finished
Cooling: Ductwork
Heating: Ducts
Taxes: $13,500
Feature Descriptions
Building Area Total: 4600
Business Type: Retail
Days on Site: 151
Exterior: Other
On Market Date: 2026-02-03
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Kingsland Properties
Agency Contact: 718-380-7400
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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190-25 Jamaica Ave | MLS# 958205
This commercial property located at 190-25 Jamaica Ave, Hollis, NY 11423 is currently listed for sale with an asking price of $1,695,000. Search Hollis real estate on www.joycerealty.com today.