190-19 Jamaica Ave
Hollis, NY 11423
Jamaica Ave Retail Strip · Retail Property For Sale

The subject offering is a four tenant 5,696 SF single-story retail property located on Jamaica Avenue between 190th Street and 191st Street in Hollis (Queens), New York. The property was redeveloped completely in 2009, complete with a brand-new roof, facade and all new mechanicals. The property rests on a 6,649 SF lot, and it is currently 100% occupied. The real estate office has 1,496 SF above grade, and a 1,300 SF fully built-out lower level which a certificate of occupancy, and has offices, a conference room and a bathroom. The Rosso Law Firm and Family Dentist both have one (3) three-year option to renew with 5% yearly rental increases during the option period. All four units are separately metered for gas and electric, and all four tenants pay those utilities directly. There is one main domestic meter for water, and the water/sewer is paid by the landlord. Both the real estate office and the law office just had brand-new interior build-outs as well.