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Mixed-Use Building with Rear Parking
For Sale
$1,170,000

198-03 Hollis Ave, Saint Albans, NY 11412

Commercial Sale, Saint Albans, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market208

Property Features for 198-03 Hollis Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Subdivision St. Albans
Directions Google Maps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 4350

Utilities

Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1940
Floors in Building 2
Building materials Brick
Roof type Tile
Listing Agency: 5 BORO REALTY CORP
Listed By: Nina Sabag · License #10311207532
Added: Mar 2 Changed: Sep 14 Last Checked: Sep 26 at 9:06AM
MLS# 11665131

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.

Investment Insights

Based on property information with market context.

This brick mixed-use building combines two residential apartments with a ground-floor commercial storefront. The residential component includes a 3-bedroom apartment and a studio, while the storefront has use of a finished basement for storage or operations. The building was constructed in 1940 and features natural gas baseboard heat, a tile roof, and public water service.

The property occupies a 0.0632-acre lot measuring 21 ft x 131.17 ft, with an 18 ft x 55 ft building footprint. Rear parking accommodates up to four cars, adding on-site parking for the residential and commercial portions. The property is located at 198-03 Hollis Ave in Saint Albans, Queens County, New York.

Key Highlights

  • Two residential units: a 3‑bedroom apartment and a studio apartment
  • Ground‑floor commercial storefront with access to a finished basement
  • Rear parking for up to 4 cars

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,653
Businesses Nearby

Demographics for 11412, NY

37,958
Population
12,821
Households
3
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
23,724
Density / Sq Mi
$98,418
Median Household Income
$48,243
Median Earnings
$1,630
Median Rent
$633,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Two residences share the property with a street-level commercial storefront and finished basement.
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 $1,170,000.
What are key features of this property?
This property features: Two residential units: a 3‑bedroom apartment and a studio apartment; Ground‑floor commercial storefront with access to a finished basement; Rear parking for up to 4 cars
More about this property
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