19001 Hollis Ave Hollis, NY 11423
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 19001 Hollis Ave
- Year built
- 1923
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 19001 Hollis Avenue in Hollis, New York, presents a compelling investment opportunity. The building has undergone a complete renovation, ensuring modern functionality and aesthetics. Priced at $2,499,000, this property offers a strong 7% capitalization rate, promising a substantial return on investment. While the exact square footage isn't specified, the property's complete renovation makes it immediately ready for occupancy. The property is classified as General Commercial, providing flexibility for a variety of business uses. Situated on a lot with zero acres, the property's size is ideal for a range of commercial ventures. The location in Hollis, NY offers access to a thriving local market and convenient transportation links. This is a rare opportunity to acquire a fully renovated, high-performing commercial property in a desirable location, offering immediate income potential and long-term growth prospects. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial details and further property specifics are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollis
- County
- Queens
- State
- New York
- Longitude
- -73.7676
- Latitude
- 40.7096
