190-25 Jamaica Ave, Hollis, NY 11423

• 4,600 sqft

Property Description

This two-story mixed-use building offers approximately 4,594 SF on a lot with about 24 feet of frontage along Jamaica Avenue. Built in 1931 and zoned R5, the property supports both residential and commercial use and is fully income-producing with stable, long-term tenants. The building includes two commercial units on the first floor (a real estate office and a church), a tenant-occupied basement space, and a four-bedroom residential apartment on the second floor. The property generates a total gross annual income of $97,200, derived from monthly rents of $2,300 (real estate office), $2,200 (church), $1,100 (basement tenant), and $2,500 (four-bedroom apartment). Annual operating expenses total approximately $22,900, including real estate taxes, insurance, heat, and water, resulting in a net operating income (NOI) of $74,300 and an estimated cap rate of approximately 4.37%.

Listing Status:

Active

Data Last Updated:

February 8, 2026 at 12:21PM

Listing Office:

Kingsland Properties : 718-380-7400

MLS ID:

958205

Interior

• Basement: Finished
• A/C: Ductwork
• Heating: Ducts

Location

• Originating MLS: onekey2
• County: Queens

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2