Search
Operational Supermarket with Existing Lease
For Sale
$200,000

18020 Hillside Avenue, New York, NY 11432

Fully operational supermarket offered as-is, with inventory and fixtures, and a 9-year existing lease in place.

Property SizeContact for details
Days on Market56

Property Features for 18020 Hillside Avenue

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: Exit Realty Prime
Listed By: Md litu Anam
Source: Exprealty
Added: Jul 14 Changed: Aug 20 Last Checked: Sep 6 at 11:29AM

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 Exit Realty Prime

Investment Insights

Based on property information with market context.

This for-sale retail space is presented as a fully operational supermarket. The merchandising includes fresh vegetables, packaged goods, and a meat processing section. The property is being sold in as-is condition and includes inventory and fixtures. An existing 9-year lease is in place, with the tenant paying only utilities.

Located near the 179th St Subway station on Hillside Ave in Jamaica, the store sits right in front of a bus stop, supporting convenient public access.

The configuration is centered on grocery retail with in-store departments for produce, packaged items, and meat processing, offering a turnkey setup for ongoing supermarket operations under the existing lease terms.

Key Highlights

  • Fully operational supermarket for sale as‑is, including inventory and fixtures
  • 9‑year existing lease in place; tenant pays only utilities
  • Supermarket includes fresh vegetables, packaged goods, and a meat processing section

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Grocery & Convenience Store Storage Facility Carpet & Flooring Store Computer & Electronic Repair

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

996
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
12,374 visits/mo 0.5 miles
The UPS Store Shops & Services
9,534 visits/mo 0.5 miles
TD Bank Shops & Services
5,093 visits/mo 0.5 miles

Demographics for 11432, NY

65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • H Mart Great Neck 495 Great Neck Rd, Great Neck, NY 11021

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fully operational supermarket offered as-is, with inventory and fixtures, and a 9-year existing lease in place.
Where is this grocery and convenience store located?
The property is located at 18020 Hillside Avenue New York, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Fully operational supermarket for sale as‑is, including inventory and fixtures; 9‑year existing lease in place; tenant pays only utilities; Supermarket includes fresh vegetables, packaged goods, and a meat processing section
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message