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    205-07 Hillside Ave Hollis, NY 11432

    Sponsored
    For Lease
    $96,000

    Prime Hollis retail space available.

    Lot size:
    4,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A retail space, located within the thriving Franhill Shopping Center at 205-07 Hillside Avenue, Hollis, NY 11432, presents a unique investment opportunity. The property boasts a total of 4,884 square feet, currently featuring one suite with 1,235 square feet immediately available for lease. The shopping center enjoys ample parking, a significant advantage for customers and employees alike. Its strategic location on Hillside Avenue, at the corner of Francis Lewis Boulevard, ensures high visibility and significant foot traffic. The center is anchored by a strong mix of established national and local businesses, including Foodtown, McDonald's, UPS Store, Chase, Ridgewood Savings Bank, and Aloha Crab, creating a vibrant and attractive retail environment. This prime location in Queens County offers excellent access to a dense residential population and benefits from the established commercial activity in the area. The available space is ideal for a variety of retail uses, providing an opportunity to establish a presence in a well-established and successful shopping center. The property's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a prominent retail space in a highly sought-after location.

    Property Features for 205-07 Hillside Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,884 SF
    Class
    A
    Total Rate
    96000

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,235 SF
    Rate per SF
    $96,000

    HighLights

    • 1,235 SF retail space plus basement, adjacent to Chase bank.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ideal Cards Gifts Gift Shop Ronald P Zinner ... Attorney Dr. Seema Malik, ... Dental Clinic Hillside Family Dental Dentist Match One Staffing Employment Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollis
    County
    Queens
    State
    New York
    Longitude
    -73.83288
    Latitude
    40.700555

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Hollis retail space available.
    Where is this lifestyle center located?
    The property is located at 205-07 Hillside Ave Hollis, NY.
    What is the lease rate?
    The lease rate is $96,000.
    What are key features of this property?
    This property features: 1,235 SF retail space plus basement, adjacent to Chase bank.; Ample parking.;
    Request Owner's contact information
    205-07 Hillside Ave Hollis, NY 11432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205-07 Hillside Ave Hollis, NY 11432
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