Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
180-18 HILLSIDE Avenue
Interested in this property?
Active For Sale Mixed Use

$2,750,000

180-18 HILLSIDE Avenue

Hollis, Queens

MLS® #RLS20069851

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

3.5

Baths

N/A

Sq. Ft.

1992

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 2 half
Lot Size 1,960.4 sq ft
Year Built 1992
Ownership None
Property Taxes $27,300/yr
Neighborhood Hollis
Floor 1 of 2

Property Highlights

  • Views: Other
  • Climate Control: Central Air

Property Details

Type Mixed Use
Ownership None
Total Rooms 5
Baths 2 Full, 2 Half
Floor 1 of 2
View Other
Cooling Central Air
Pets Yes
Year Built 1992
Structure Type MixedUse
Basement Other
Lot Size 1,960.4 sq ft
Block/Lot 09916/0035

Description

Please Note this is R7 Zoning

Package Deal Property + Business for sale

The property is located along the Hillside Avenue corridor in Jamaica, Queens, an area known for consistent foot and vehicular traffic. The offering combines income-producing real estate with an operating food and beverage business.

BUSINESS OVERVIEW (Included in Sale)

  • Restaurant and bar business in operation for approximately 35 years under current ownership
  • Liquor service approved on multiple levels (subject to license transfer)
  • Built-out basement bar space, currently not in operation
  • Seller-provided business valuation estimated at $340,000, included in the overall purchase price
  • Business operations, licenses, and financials subject to verification by purchaser
CURRENT INCOME SUMMARY (As Provided by Ownership)
  • Commercial : $7,000/month (potential) Owned by landlord
  • Residential Units (2): $3,300/month total (reported below prevailing market levels) $2000 per apt is market
  • Basement Bar: $3000 But Currently not producing income
Reported Total Current Income: $12,550/month ($150,600 annually)
Income figures are not guaranteed and should be independently verified.

POTENTIAL CONSIDERATIONS

  • Residential rents may be adjusted upon vacancy in accordance with applicable laws
  • Basement bar space may be utilized, subject to reopening, licensing, and operational approvals
  • Business expansion opportunities may include third-party delivery platforms, catering, or private events
  • Branding, menu, and operational changes may be explored at purchaser's discretion
COMPARABLE SALES (Hillside Avenue - Approximate)
  • 153-36 Hillside Ave - $1.47M Approx. 2,178 SF
  • 182-34 Hillside Ave - $1.645M Approx. 2,475 SF
  • 182-34/36 Hillside Ave (Package) - $3.534M Approx. 4,573 SF
Comparable data provided for reference only; not a representation of value.

VALUATION CONTEXT (Illustrative Only) Price-per-square-foot ranges on Hillside Avenue have varied based on asset condition, income profile, and market conditions. Any valuation estimates are for discussion purposes only and are not guarantees of market value.

CLOSING REMARKS 180-18 Hillside Avenue offers a mixed-use asset with existing income and an operating restaurant business, providing multiple components for a purchaser to evaluate. The property may appeal to investors or owner-operators seeking a combination of residential, commercial, and business use, subject to customary due diligence, approvals, and verification.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Total Units 2
Stories 2
Structure MixedUse

Financial Details

RE Taxes $27,300/yr ($2,275/mo)
Original Price $2,850,000
Previous Price $2,850,000

Hollis is a residential neighborhood in eastern Queens featuring Colonial, Tudor, and Cape Cod-style single-family homes with gardens and driveways, interspersed with modest apartment buildings near commercial corridors. The Long Island Rail Road's Hollis station on the Main Line provides direct commuter service to Penn Station in Manhattan.

Similar Listings in Hollis

View All

Location

Loading map...

180-18 HILLSIDE Avenue, Hollis, Queens County

MLS® ID: RLS20069851
First Listed: 2/2/2026
On Market: 12/16/2025
Price Changed: 2/4/2026
Contract Date: 12/16/2025

Listing Courtesy of Corcoran Group - varun sharma

Listing Contact: (917) 873-3085

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 1:00 AM UTC

Buying in NYC? Start Here

Pre-Approval Strategy for NYC Buyers

How to get pre-approved and budget for all NYC purchase costs.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article
Call Text Email