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    190-01 Hollis Ave Jamaica, NY 11423

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    For Sale
    $2,199,000

    Fully renovated retail property with 7.5% cap rate.

    Lot size:
    0.18 Acres

    Property Features for 190-01 Hollis Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1923

    Source: Provident Realty Group Corp Agent Monisha Kabir

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Property For Sale

    This is a fully renovated retail property that is for sale. The property is selling at a 7.5% cap rate.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flower Bloom Tea Llc, LAURA NATURAL FLOWERS INC, Laura Natural Flowers Inc, AAA Express Florist

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.770619
    Latitude
    40.709937

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    FAQs

    What type of property is this?
    Storefront property - Fully renovated retail property with 7.5% cap rate.
    Where is this storefront property located?
    The property is located at 190-01 Hollis Ave Jamaica, NY.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: - Fully renovated, offering modern amenities.; - Great investment opportunity with a 7.5% cap rate.; - Built in 1923.
    (646) 226-9769
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    190-01 Hollis Ave Jamaica, NY 11423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    190-01 Hollis Ave Jamaica, NY 11423
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