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Financial
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Property profile

205-02 Jamaica Ave Hollis, NY 11423

FOR SALE
Auto shops
Property ID
US63-3264835
6,270 SF 0.11 ac lot Built 1925
Last sale Jul 2017 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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205-02 Jamaica Ave, Hollis, NY 11423 For Sale
$3,549,000 6,270 SF
205-02 Jamaica Ave, Hollis, NY 11423
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Property summary

AI-generated overview

The property is a two-story flex building in Hollis, New York, constructed of brick and built in 1925. It is zoned C8-1 and features a layout that includes office areas as well as retail-facing exposure, along with a roll-up door and configuration historically used for automotive purposes. The site includes parking for five cars at the building and includes an adjacent secured parking lot measuring 100 by 30 feet, accessed via an overhead gate. The building also contains tenant/occupancy…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$76k
Tax billed · 2024
Assessed value$930k
Assessed land$104k
Assessed improvement$825k
Effective rate8.21%

Value estimate

· Oct 2026
$860k
$774k – $946k
NOI build-up
Gross scheduled income$316k
Vacancy & credit loss−$41k
Operating expenses−$69k
NOI · 5.82% cap applied$206k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,542/SF
Submarket average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$290 – $4,340
Qualifying comparables7

Cap rate analysis

How does the asset earn?
5.82%
$206k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C8-1
This district is designed to provide for necessary services for a wider area than is served by the Local Commercial Districts and often i...
General categoryCOMMERCIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm60.3
Parking Facility28.7
Skin Care Clinic25.8

Location

205-02 Jamaica Ave Hollis, NY 11423
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
191 St, Jamaica, NY 11423 $285,000 Feb 2026 No data
19825 Jamaica, Jamaica, NY 11423-2719 $4,400,000 Mar 2025 10,800 SF
18230 Jamaica, Jamaica, NY 11423-2328 $3,880,000 Jan 2023 15,000 SF
9212 181st, Jamaica, NY 11423-2335 $950,000 Jan 2022 1,850 SF
9310 182nd, Jamaica, NY 11423 $1,100,000 Feb 2020 368 SF
18101 Jamaica, Jamaica, NY 11423-2325 $2,500,000 Mar 2019 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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