Mixed-Use Income Property with
198-03 Hollis Ave, Saint Albans, NY 11412
Commercial Building - Saint Albans, NY
Property size:
990 SFLot size:
0.06 AcresPrice / SF:
$1,277/SF- Added:
- Mar 2, 2026
- Days on Market:
- 72
- Last Refresh:
- May 13 at 8:06 am
Property Features for 198-03 Hollis Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 990 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4350
Utilities
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 1940
- Year renovated
- 1940
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Tile
- Architectural style
- Other
Listing agent NINA SABAG (855) 305-3325
Listing office 5 BORO REALTY CORP 2153 UTICA AVE, BROOKLYN, NY (917) 705-0005
Listing date Mar 2, 2026
MLS# 11665131
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong Cash Flow: Generates $7,255 monthly ($87,060 annually).
- Mixed‑Use Property: Combines residential and commercial income streams.
- Four‑Car Parking: Includes valuable rear parking.
- Finished Basement utilized by the commercial tenant.
- Turnkey Investment: Stable income already in place.
- Durable brick construction.
Overview
This mixed-use property in Saint Albans, NY, generates $7,255 in monthly income, totaling $87,060 annually. The building includes two residential units and a commercial storefront, along with a finished basement used by the commercial tenant. The first residential unit is a 3-bedroom apartment renting for $2,555 per month, and the second is a studio apartment renting for $2,200 per month. The ground-floor retail store pays $2,500 per month and utilizes the finished basement. The property is situated on a 21 ft x 131.17 ft lot, with the building footprint measuring 18 ft x 55 ft. Rear parking is available for up to four cars. This property is suitable for investors seeking steady income or end-users looking to own a property with built-in revenue.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Saint Albans
- County
- Queens
- State
- New York
- Longitude
- -73.759562
- Latitude
- 40.706613
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-generating mixed-use property with residential units, retail space, and parking.
Where is this mixed-use property located?
The property is located at 198-03 Hollis Ave Saint Albans, NY.
What is the asking price?
The asking price for this property is $1,265,000.
What are key features of this property?
This property features: Strong Cash Flow: Generates $7,255 monthly ($87,060 annually).; Mixed‑Use Property: Combines residential and commercial income streams.; Four‑Car Parking: Includes valuable rear parking.
