Nest Seekers

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

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of 5 Boro Realty Corp
​
Nest Seekers Logo
Loading...