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      190-27-29 Jamaica Avenue, Hollis, NY 11423
      190-27-29 Jamaica Avenue, Hollis, NY 11423
      $3,200,000
      4,368sqft
      acres
      Commercial Sale

      190-27-29 Jamaica Avenue, Hollis, NY 11423

      Listing by: NYCRB Corp
      1 - 1 of 1 results
      Copyright © 2025 OneKey® MLS LLC
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Membio
      OneKey® MLS
      190-27-29 Jamaica Avenue, Hollis, NY 11423
      $3,200,000
      4,368sqft
      acres

      190-27-29 Jamaica Avenue, Hollis, NY 11423

      City/Town:Hollis   Post Office: Hollis     

      Commercial Sale by Shirley A. AbrahamNYCRB Corp.

      Data checked -. Listing last updated 59 days ago.
      1. Overview
      2. Details
      3. More 

      ** Prime Jamaica Avenue Package Deal – Double the Income, Double the Opportunity! ** Two neighboring commercial properties offered together as a rare package in the heart of Hollis! Located at 190-27 & 190-29 Jamaica Ave, this duo delivers high visibility, strong existing cash flow, and unbeatable long-term upside. * Income Snapshot 190-27 Jamaica Ave • Unit 1 – Tenant 1: $3,500/mo ($42,000/yr), $100 annual increase, lease exp. 1/31/28 • Unit 2F – Tenant 2: $1,900/mo ($22,800/yr), residential, lease exp. 9/29/25 • Unit 2R – Tenant 3: $1,400/mo ($16,800/yr), residential, lease exp. 1/31/27 • Total: $6,800/mo | $81,600/yr 190-29 Jamaica Ave • Unit 2L – Tenant 1: $1,567/mo ($18,804/yr), residential, lease exp. 5/1/26 • Unit 2R – Tenant 2: $2,400/mo ($28,800/yr), residential, lease exp. 9/1/26 • Unit B – Tenant 3: $2,200/mo ($26,400/yr), 3% increase every 2 years, lease exp. 3/31/30 • Parking: $100/mo ($1,200/yr), 3% increase every 2 years, lease exp. 3/31/30 • Unit B – Tenant 4: $3,038.50/mo ($36,462/yr), 3% annual increase, lease exp. 3/14/27 • Total: $9,305.50/mo | $111,666/yr **Combined Income (Both Properties): $16,105.50/mo | $193,266/yr Expense Snapshot 190-27 Jamaica Ave Insurance: $7,060 Internet/Camera: $3,129.50 Electric: Paid by tenants Water: Paid by tenants Total Expenses: $10,189.50 190-29 Jamaica Ave Electric (landlord): $10,080 NYC Central Rail: $9,360 Insurance: $8,785 Water: $17,894.50 Total Expenses: $46,119.50 Combined Expenses: $56,309.00 Net Operating Income (NOI): $136,957.00 Year Built 1933 and 1972 Irregular Lot 42x104 ** Property Highlights: • Side-by-side buildings — Rare Package Opportunity! • Steady cash flow with built-in upside through escalations & renewals • Prime Jamaica Ave frontage with massive foot & vehicle traffic • Surrounded by thriving retail, dining, and service businesses • Excellent accessibility — close to major roadways, buses, and LIRR • Perfect for investors, developers, or owner-users seeking long-term growth ** Whether you’re seeking cash flow stability, value-add potential, or a future redevelopment play, this package is a can’t-miss investment in one of Queens’ most active commercial corridors. ** Don’t miss your chance to own a trophy location on Jamaica Avenue

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1933
        Heating
      Hot Water, Natural Gas, Steam
        Cooling
      None
        Garage
      No
        City/Town
      Hollis
        Post Office
      Hollis
        Parking spots
      -
      921223
      MLS ID
      Active
      Status
      10/06/2025
      On Market Date
        Flooring
        View
      Exterior features
      Lot features
      Corner Lot
      Monthly taxes
      $1,000
      Yearly taxes
      $12,005.44
      Schools
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Shirley A. Abraham
      Shirley A. Abraham
      Real Estate Broker, NYCRB Corp
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      190-27-29 Jamaica Avenue, Hollis, NY 11423, is a 4368 sqft. Mixed Use built in 1933. This property is currently available for sale and was listed on OneKey® MLS on 10-6-2025. The MLS# for this Mixed Use is MLS# 921223.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025