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Mixed-Use Property with Restaurant
For Sale
$1,198,000

21840 Hillside Avenue, Queens Village, NY 11427

COMMERCIAL - Queens Village, NY

Property SizeContact for details
Days on Market120

Property Features for 21840 Hillside Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2-2,R2
Rooms Basement
Basement Finished, Full
Directions Google Map
Standard status Active
APN 10678-0019

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7363

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1922
Floors in Building 2
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Yan Zhang
Added: Apr 22 Changed: Aug 18 Last Checked: Aug 19 at 2:06AM
MLS# 989106

Copyright © 2026 OneKey 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 property combines a ground-level storefront restaurant with a second-floor legal two-family residence. The restaurant is fully equipped and subject to a long-term lease, while the residential level is currently arranged as a single-family home. Central air conditioning, natural gas and electric heating, public water, and public sewer serve the property. A basement is also included.

Located at 21840 Hillside Avenue in Queens Village, the property fronts a high-traffic corridor and offers access to the Q1, Q43, QM68, N22, and N26 transit lines. The C2-2,R2 zoning designation supports the property's mixed commercial and residential configuration. Built in 1922, the building presents an established format combining storefront operations with upper-level residential use.

Key Highlights

  • Ground‑floor storefront includes a fully equipped restaurant
  • Second‑floor legal two‑family residence is currently configured as a single‑family home
  • Long‑term lease in place for the restaurant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Acupuncture (Bike/Boat/Book/etc) Store Building Supply

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby
139k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 33% Groceries 12%
McDonald's Dining
36,416 visits/mo 0.3 miles
Wendy's Dining
29,672 visits/mo 0.3 miles
BP Shops & Services
21,628 visits/mo 0.4 miles
Key Food Groceries
16,273 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,612 visits/mo 0.2 miles

Demographics for 11427, NY

24,555
Population
8,435
Households
2.9
Avg Household Size
44
Median Age
36%
College-Educated
84%
High-School Grad
1.6 sq mi
ZIP Area
15,347
Density / Sq Mi
$92,129
Median Household Income
$48,439
Median Earnings
$1,697
Median Rent
$690,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor restaurant space is paired with a legally configured two-family residence above.
Where is this mixed-use property located?
The property is located at 21840 Hillside Avenue Queens Village, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Ground‑floor storefront includes a fully equipped restaurant; Second‑floor legal two‑family residence is currently configured as a single‑family home; Long‑term lease in place for the restaurant
More about this property
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