19529 Jamaica Ave Hollis, NY 11423
- Investment properties
- 2,160 SF
- 0.04 lot acres
Current Use by Public Records
- Investment properties
Property Details for 19529 Jamaica Ave
- Year built
- 1931
- Lot size
- 0.04 lot acres
- Property size
- 2,160 SF
- Zone code
- R5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 10460-0062
- APU
- 104600062
Description
This exceptional mixed-use property at 19529 Jamaica Ave Unit 3, Hollis, NY, presents a lucrative investment opportunity. The building, measuring 18x60 feet, offers a total of 2,496 square feet of space, strategically divided for optimal income generation. The ground floor features a sizable commercial storefront, ideal for a variety of retail businesses. The upper floors provide substantial residential rental income. The first floor apartment boasts two bedrooms, a living room, kitchen, and a full bathroom. The second floor apartment is equally spacious, offering three bedrooms, a living/dining area, kitchen, and a full bathroom. Hardwood floors are featured throughout the entire building. A full basement adds significant storage capacity and potential for expansion or additional rental space. The property sits on a 0-acre lot, offering convenient access and minimal maintenance. This property is perfect for an investor seeking a blend of commercial and residential income streams in a thriving neighborhood. The asking price of $1,188,888 reflects the significant potential for return on investment. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss out on this chance to secure a valuable asset in the competitive Hollis real estate market.
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
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.7648
- Latitude
- 40.7136
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA