Price Reduced 3.14%
Price History
$1,750,000
2/3/2026
$1,695,000
2/20/2026
190-25 Jamaica Ave, Hollis, NY, 11423
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%.
Status:
Active
Type:
Commercial
Heating:
Ducts
Cooling:
Ductwork
Basement:
Finished
Est. Taxes:
$13,500
Construction
Other
Utilities
Electricity Connected
Days on Market:
16
MLS #:
958205
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Kingsland Properties 718-380-7400