19619 Jamaica AveHollis, NY 11423

For Sale
$949,000

Prime Hollis location, pharmacy & apartments

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in the vibrant Hollis neighborhood presents a compelling investment opportunity. Situated on a 0.05-acre lot at 19619 Jamaica Avenue, this building boasts a strategic location with high foot and vehicle traffic, ensuring excellent visibility and accessibility. The property comprises two distinct components: a thriving commercial space and a residential section. The ground floor encompasses 1,169 square feet currently operating as a successful pharmacy, providing a stable income stream. The second floor offers two apartments, each contributing to the property's overall rental income potential. The residential space also totals 1,169 square feet, mirroring the commercial area in size. This balanced configuration offers a unique blend of commercial and residential income, making it an attractive investment for both seasoned and emerging investors. The property's prime location in Hollis, combined with its substantial size and existing income-generating tenants, positions it for continued growth and profitability. This is a rare opportunity to acquire a well-established mixed-use property in a high-demand area. The property is priced at $949,000, reflecting its strong potential for return on investment. Serious inquiries are encouraged.

Property Details for 19619 Jamaica Ave

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1931
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Hollis
County
Queens
State
New York
Latitude
40.7136
Longitude
-73.76315
19619 Jamaica Ave, Hollis, New York

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19619 Jamaica Ave
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