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For Sale

$969,000

232 days on market

19803 Hollis Avenue

Flushing, NY 11412

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1940

Built

Listing narrative

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 $3,500 per month, while the second unit is a studio apartment producing $2,500 per month. The ground-floor retail store pays $3,200 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: $3,500/month Studio Apartment: $2,500/month Retail Store: $3,200/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.

Listing agent (MLS): Nina Sabag · Listing brokerage (MLS): 5 Boro Realty Corp

Property Details

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Price

$969,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,753 sqft

Year

1940

Status

For Sale

Days on Market

232

· 8% down, 7% APR, 30yr fixed
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Courtesy of 5 Boro Realty Corp