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

21840 Hillside Avenue, Queens Village, NY 11427

Commercial Sale, Queens Village, NY

Property SizeContact for details
Days on Market125

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 Electric (Heating), Natural Gas
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 20 Last Checked: Aug 24 at 8:06PM
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, built in 1922, combines a ground-floor storefront restaurant with a second-floor legal two-family residence. The restaurant is fully equipped, generates income, and has a long-term lease in place. The residence is currently arranged and occupied as a single-family home, providing a distinct residential component within the property. Central air, electric heating, natural gas, public water, and public sewer serve the building, which also includes a basement.

The property is located on Hillside Avenue in Queens Village, with access to the Q1, Q43, QM68, N22, and N26 transit routes. C2-2 and R2 zoning designations are identified for the property. The existing combination of commercial and residential space supports continued mixed-use operation while retaining the current layout and occupancy structure.

Key Highlights

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Storefront restaurant and legal two-family residence occupy a brick building with established commercial and residential uses.
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; Long‑term lease in place for the restaurant; Legal two‑family residence currently configured as a single‑family home
More about this property
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