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Renovated Two-Story Office Building
For Sale
Contact for pricing
Pending

148-31 Hillside Avenue, Jamaica, NY 11435

Totally renovated office building with central AC, two floors plus legal basement, and a legal backyard.

Property SizeContact for details
Days on Market144

Property Features for 148-31 Hillside Avenue

General Information

Standard status Pending
Property subtype Office
Listing Agency: Century 21 Milestone Realty
Listed By: Anand Mahadeo · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 29 at 11:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Milestone Realty

Investment Insights

Based on property information with market context.

This totally renovated office building features two above-ground floors plus a legal basement, served by central AC and two-zone heating and cooling. The property includes three electric meters and one gas meter. Building dimensions are listed as 18 by 75, with a lot size of 18 by 100, and the site has a backyard.

The building is located on Hillside Avenue in downtown Jamaica and is currently tenanted. The current rent is stated as $96,000 net net net per year, and the listing notes a remaining 5-year lease term with the current tenant.

The second-floor front and back units may be delivered vacant with negotiation from the current tenant. The usable floor area is listed as 4,050 square feet.

Key Highlights

  • Totally renovated office building with 2 floors plus legal basement
  • Prime‑producing franchise tenant; current rent is $96,000 net net net per year
  • Usable floor area: 4,050 SF; 18 x 75 building size; 18 x 100 lot size

Property Analytics

Current Use

No more renting ... Real Estate Agency Sonia Thompson, Realtor Real Estate Agency Viola Quamina Your ... Real Estate Agency Century 21 Milestone ... Real Estate Agency Queens Home Real ... Real Estate Agency

Suggested Use

Top Pick Gym & Fitness Center Parking Lot & Garage Clothing & Fashion Store Nursing Home Cafe & Coffee Shop Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,923
Businesses Nearby

Demographics for 11435, NY

58,980
Population
21,180
Households
2.8
Avg Household Size
38
Median Age
32%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
39,320
Density / Sq Mi
$79,430
Median Household Income
$43,354
Median Earnings
$1,820
Median Rent
$550,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Totally renovated office building with central AC, two floors plus legal basement, and a legal backyard.
Where is this office building located?
The property is located at 148-31 Hillside Avenue Jamaica, NY.
What are key features of this property?
This property features: Totally renovated office building with 2 floors plus legal basement; Prime‑producing franchise tenant; current rent is $96,000 net net net per year; Usable floor area: 4,050 SF; 18 x 75 building size; 18 x 100 lot size
More about this property
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