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195-29 Jamaica Ave 2,160 SF 100% Leased Retail Building Hollis, NY 11423 $1,199,000 ($555.09/SF) 6.38% Cap Rate
Executive Summary
Mixed-Use Investment Opportunity on Prime Jamaica Avenue in Hollis, Queens! This fully tenanted, income-producing property features an S2 building class configuration with 2 residential units and 1 commercial storefront. Situated in a high-visibility location with steady foot and vehicle traffic, this well-maintained property offers strong rental income and excellent long-term investment potential. Property located within R5 zoning district, conveniently near public transportation, shopping, restaurants, and major roadways. A rare opportunity to own a stabilized mixed-use asset in a thriving Queens corridor. Ideal for investors seeking immediate cash flow in a desirable commercial and residential neighborhood. Annual Taxes $5,460.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,160 SF
Building Class
C
Year Built
1931
Price
$1,199,000
Price Per SF
$555.09
Cap Rate
6.38%
NOI
$76,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.04 AC
Zoning
R5
Frontage
18’ on Jamaica Ave
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10460-0062 | Total Assessment | $29,134 (2026) |
| Land Assessment | $5,895 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $23,239 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
10460-0062
Land Assessment
$5,895 (2026)
Improvements Assessment
$23,239 (2026)
Total Assessment
$29,134 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
Contacts
-
Fatima Smith -
Gregory Berkowitz -
Berkshire Hathaway Laffey International Realty
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195-29 Jamaica Ave
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