19803 Hollis Avenue, Flushing, NY 11412
Queens County
Key Facts
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 $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 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: $2,555/month Studio Apartment: $2,200/month Retail Store: $2,500/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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1940
Living Area
1,980 sq ft
Lot Size
0.06 acres
Days on Market
108
MLS® Listing#
966259
Property Features
- Cooling:
- Wall/Window Unit(s)
- Heating:
- Baseboard
- Basement:
- Finished
- Construction:
- Brick
- Utilities:
- Electricity Available
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $4,297
- Assessed Value:
- $41,520
- Parcel #:
- 10898-0002
Affordability Calculator
$218,000
Estimated monthly payment
$5,801/mo
Principal $872,000 · Est. interest $1,216,518 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Flushing, NY
- $718,497
- Median Listing Price
- 74
- Median Days on Market
- 824
- Median Sq Ft
- $797
- Median Price / Sq Ft
- 799
- Active Listings
- This home’s price is 52% above the area median.
- Its price per sq ft is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Flushing, NY.
Location
- 19803 Hollis Avenue, Flushing, NY 11412
Nearby Schools
P233q @ 134
Secondary · 0.3 mi away
PS 134 Hollis
Elementary · 0.3 mi away
PS 233
Elementary · 0.3 mi away
P. S. Q233
Secondary · 0.3 mi away
PS 360
Elementary · 0.3 mi away
IS 192
Secondary · 0.3 mi away
Pathways College Preparatory School
Secondary School · 0.3 mi away
PS 118
Elementary · 0.4 mi away
Gym Equipment Repairs
School · 0.5 mi away
P811q Public School
School · 0.7 mi away
P. S. 136q the Roy Wilkins School
Elementary · 0.7 mi away
Cambria Heights Academy
School · 0.7 mi away
P.S. 35 Nathaniel Woodhull
Elementary · 0.7 mi away
Stepping Stone Pre & Grade
Elementary · 0.7 mi away
The Wellspring Schools
School · 0.7 mi away
Mathematics Science Research and Technology Magnet High School
Secondary · 0.9 mi away
Campus Magnet High School
Secondary · 0.9 mi away
Incarnation Catholic Academy
School · 0.9 mi away
Brooklyn Redemptoris Mater Seminary
School · 0.9 mi away
Benjamin Franklin High School for Finance & Information Technology
Secondary · 0.9 mi away
Commute Calculator
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EXIT Agents in Flushing
Listing Courtesy: 5 Boro Realty Corp - 8553053325
Presented by: Nina Sabag
Fair Housing Notice