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Brick Quadplex Investment Property
For Sale
$1,300,000

9035 198th Street, Hollis, NY 11423

MULTI_FAMILY - Hollis, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market35

Property Features for 9035 198th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5
Basement Full
Elementary school Ps 134 Hollis
Middle school Is 238 Susan B Anthony Academy
High school Pathways College Preparatory School
Elementary school district Queens 29
Middle school district Queens 29
High school district Queens 29
Special listing conditions Auction
Standard status Active
APN 10481-0018
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19792

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1943
Number of units 4
Building materials Brick
Listing Agency: My Dream Home Realty Inc
Listed By: Deborah A. Bacchus
Added: Jul 7 Changed: Aug 4 Last Checked: Aug 10 at 1:06AM
MLS# 1022926

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully occupied brick quadplex investment property offers four-family income in the Hollis section of Queens. The property is being sold as-is with tenants in place, and no interior access is available prior to inspection. Prospective buyers should not disturb occupants or walk the property without a confirmed appointment, and are responsible for completing all due diligence, including verification of rents, expenses, taxes, and any required inspections.

The building was constructed in 1943 and features natural gas heating. Public water and public sewer service are provided. The site sits on a 0.0701-acre lot.

Additional room information indicates multiple bedrooms and bathrooms across the residence and basement areas, supporting a straightforward four-family layout for resident use.

Key Highlights

  • Fully occupied brick quadplex with tenants in place
  • Sold as‑is with no interior access prior to inspection
  • Built in 1943 with natural gas heating

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Dental Office Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,673
Businesses Nearby

Demographics for 11423, NY

31,985
Population
10,307
Households
3.1
Avg Household Size
41
Median Age
34%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
22,846
Density / Sq Mi
$80,870
Median Household Income
$44,639
Median Earnings
$1,706
Median Rent
$717,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied four-family brick quadplex with public utilities, built in 1943 and sold as-is with tenants in place.
Where is this quadplex located?
The property is located at 9035 198th Street Hollis, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully occupied brick quadplex with tenants in place; Sold as‑is with no interior access prior to inspection; Built in 1943 with natural gas heating
More about this property
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