Active

$1,198,000

21840 Hillside Ave, Queens Village, NY 11427

4beds

2,360sqft

Mixed Use

Built in 1922

-- sqft lot

$1,166,800 Zestimate^®

$508/sqft

$-- HOA

What's special

Ground-floor storefrontSecond-floor legal two-family residenceFully equipped income-generating restaurantSpacious single-family home

Prime mixed-use opportunity on bustling Hillside Ave! This versatile property features a ground-floor storefront with a fully equipped, income-generating restaurant and long-term lease in place, plus a second-floor legal two-family residence currently configured and used as a spacious single-family home. Below-market commercial rent offers immediate upside potential, while exceptionally low property taxes significantly enhance overall returns. Positioned along a high-traffic corridor with excellent visibility, the property enjoys convenient access to major transit lines (Q1, Q43, QM68, N22, N26), providing seamless connectivity to Queens, Long Island, and Manhattan. Ideal for investors seeking stable income with long-term growth, or end-users looking for flexibility—live upstairs while benefiting from strong commercial cash flow, or reconfigure the residence to maximize rental income.

77 days

204

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Has fireplace: No

Interior area

Total structure area: 2,360
Total interior livable area: 2,360 sqft

Property

Details

Parcel number: 106780019
Special conditions: Resale

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use

Condition

Year built: 1922

Community & HOA

Community

Subdivision: Queens Village

Location

Region: Queens Village

Financial & listing details

Price per square foot: $508/sqft
Tax assessed value: $979,000
Date on market: 5/18/2026

Estimated market value

$1,166,800

$1.11M - $1.23M

$3,767/mo

Price history

Date	Event	Price
5/18/2026	Listed for sale	$1,198,000+165.5%$508/sqft
Source: StreetEasy #S1828786 Report a problem
6/21/2016	Sold	$451,192-22.2%$191/sqft
Source: Public Record Report a problem
6/6/2006	Sold	$580,000+1.8%$246/sqft
Source: Public Record Report a problem
6/1/2005	Sold	$570,000$242/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$58,740 +11.3%
2024	--	$52,800 -5%
2023	--	$55,560 +14.5%
2022	--	$48,540 +3.1%
2021	--	$47,100 +21.7%
2020	$5,060	$38,700 +15%
2019	$5,060 +2%	$33,660 +41.9%
2018	$4,963 +8.8%	$23,723 +6%
2017	$4,562 +10.5%	$22,381 +6%
2016	$4,129	$21,115 +6%
2015	$4,129 +29.9%	$19,920
2014	$3,179	$19,920

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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