Mixed-Use Building with
For Sale
$899,000
210-19 Hollis Avenue, Queens Village, NY 11429
The property combines a leased ground-floor business space with a two-bedroom residence on the upper level.
Property Size1,680 SF
Price / SF$535.12
Days on Market43
Property Features for 210-19 Hollis Avenue
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Commercial
Zoning
R2
Occupancy
100%
Units
Unit Mix
1 x 2BR apartment
Multifamily Units
1
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,779
Building Details
Building Size
1,680 SF
Year Built
1910
Buildings
1
Stories
2
Units
2
Listing Agency:
Voro LLC
(877) 943-8676
Listed By:
Dipak Doshi
(516) 593-6464
Source:
Croninreale
Added: Sep 12
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 Voro LLC
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Investment Insights
Based on property information with market context.
This 1,680-square-foot mixed-use building, constructed in 1910, has commercial space on the ground floor and a two-bedroom apartment upstairs. The first-floor business has a lease term exceeding 10 years, and both portions of the property are occupied. The site is zoned R2.
Located at 210-19 Hollis Avenue in Queens Village, the property is near shopping and public transportation. The surrounding area is described as having high traffic.
Located at 210-19 Hollis Avenue in Queens Village, the property is near shopping and public transportation. The surrounding area is described as having high traffic.
Key Highlights
- 1,680‑square‑foot building constructed in 1910
- Ground‑floor business space with a lease term exceeding 10 years
- Second‑floor apartment with 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,067
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,340
$821.3K
Cap Rate 7%
$586,671
$586.7K
Cap Rate 9%
$456,300
$456.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$77.6K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$74.7K $44.44/SF
− OpEx
−$33.6K −$20.00/SF
NOI
$41.1K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,340
Cap Rate 7%
$586,671
Cap Rate 9%
$456,300
Alternative Uses
Best Use
Apartment 5plus
$586.7K
$513.3K – $684.5K
NOI $41,067 @ 7.0% cap · market cap 4.57%
Second Best
Retail
$428.4K
$374.9K – $499.8K
NOI $29,988 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,696 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,979
Businesses Nearby
Explore this area
Business Placement
Demographics for 11429, NY
25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a leased ground-floor business space with a two-bedroom residence on the upper level.
Where is this mixed-use property located?
The property is located at 210-19 Hollis Avenue Queens Village, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,680‑square‑foot building constructed in 1910; Ground‑floor business space with a lease term exceeding 10 years; Second‑floor apartment with 2 bedrooms
