Mixed Use Income Producing Property Strong Cash Flow with Parking Exceptional opportunity to own a well maintained mixed use building generating 9, 200 in monthly income 110, 400 annually.
19803 Hollis Avenue
New York, NY 11412
Listing
| Web ID: | 5825617 |
|---|---|
| Website: | https://www.nestseekers.com/5825617 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$965,000
Annual Taxes:$4,350
Description
Mixed-Use Income Producing Property - Strong Cash Flow with Parking Exceptional opportunity to own a well-maintained mixed-use building generating $9,200 in monthly income ($110,400 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators. The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value. The first residential unit is a spacious 3-bedroom, a studio apartment, and a ground-floor retail benefits from access to the finished basement for storage or operational use. Situated on a 21 ft x 131.17 ft lot, the building offering efficient use of space while still providing valuable rear parking for up to four cars-a highly desirable feature for both residential tenants and commercial use. With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility. Property Highlights: Perfect for both users and investors seeking steady income or end-users looking to own a property with built-in revenue.
Amenities
- Electricity Available
Contact
Listing Courtesy of 5 Boro Realty Corp