$1,350,000
Est. payment /mo
2,752 Sqft Lot
Price Dropped by $50K
19803 Hollis AVE Flushing, NY 11412
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 966259
Rental Info No
Year Built 1940
Annual Tax Amount $4,297
Lot Size 2,752 Sqft
Acres 0.0632
Property Sub-Type Mixed Use
Source onekey2
Property Description
Mixed-Use Income Producing Property – Strong Cash Flow with Parking
Exceptional opportunity to own a well-maintained mixed-use building generating $7,255 in monthly income ($87,060 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators.
The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value.
The first residential unit is a spacious 3-bedroom apartment generating $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 per month, and also benefits from access to the finished basement for storage or operational use.
Situated on a 21 ft x 131.17 ft lot, the building footprint measures 18 ft x 55 ft, offering efficient use of space while still providing valuable rear parking for up to four cars—a highly desirable feature for both residential tenants and commercial use.
With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility.
Property Highlights:
Mixed-use building (Residential + Retail)
Monthly Income: $7,255
Annual Income: $87,060
3 Bedroom Apartment: $2,555/month
Studio Apartment: $2,200/month
Retail Store: $2,500/month
Finished basement used by store
4-car parking in rear
Lot Size: 21 ft x 131.17 ft
Building Size: 18 ft x 55 ft
Perfect for investors seeking steady income or end-users looking to own a property with built-in revenue.
Exceptional opportunity to own a well-maintained mixed-use building generating $7,255 in monthly income ($87,060 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators.
The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value.
The first residential unit is a spacious 3-bedroom apartment generating $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 per month, and also benefits from access to the finished basement for storage or operational use.
Situated on a 21 ft x 131.17 ft lot, the building footprint measures 18 ft x 55 ft, offering efficient use of space while still providing valuable rear parking for up to four cars—a highly desirable feature for both residential tenants and commercial use.
With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility.
Property Highlights:
Mixed-use building (Residential + Retail)
Monthly Income: $7,255
Annual Income: $87,060
3 Bedroom Apartment: $2,555/month
Studio Apartment: $2,200/month
Retail Store: $2,500/month
Finished basement used by store
4-car parking in rear
Lot Size: 21 ft x 131.17 ft
Building Size: 18 ft x 55 ft
Perfect for investors seeking steady income or end-users looking to own a property with built-in revenue.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by 5 Boro Realty Corp • Nina Sabag
NEARBY SCHOOL & BUSINESS