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Off market
  • Price Unknown

    198-03 Hillside Ave, Hollis, NY 11423

    4beds
    --sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $3,797 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,797/mo

    Zestimate® history
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    What's special

    Studio apartmentOne commercial storefrontGround-floor retail storeTwo residential units

    Mixed-Use Income Producing Property – Strong Cash Flow with Parking Exceptional opportunity to own a well-maintained mixed-use building generating $7,255 in monthly income ($87,060 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 apartment generating $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 per month, and also benefits from access to the finished basement for storage or operational use. Situated on a 21 ft x 131.17 ft lot, the building footprint measures 18 ft x 55 ft, 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: Mixed-use building (Residential + Retail) Monthly Income: $7,255 Annual Income: $87,060 3 Bedroom Apartment: $2,555/month Studio Apartment: $2,200/month Retail Store: $2,500/month Finished basement used by store 4-car parking in rear Lot Size: 21 ft x 131.17 ft Building Size: 18 ft x 55 ft Perfect for investors seeking steady income or end-users looking to own a property with built-in revenue.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3

    Property

    Lot
    • Size: 2,755 Square Feet
    Details
    • Parcel number: 105310053

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Hollis

    Price history

    DateEventPrice
    6/2/2026Listing removed--
    Source: Owner Report a problem
    5/29/2026Listed for sale$1,170,000
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Jamaica Estates

    Nearby schools

    GreatSchools rating