About This Home

This 0-bedroom, 0-bathroom single family at 18018 Hillside Avenue in Jamaica, NY is listed for $2,600,000. Built in 1992, on a 0.04 acres lot.

Key Features

  • Built in 1992
  • 0.04 acre lot

Property Details

1992
Listing Description

This offering presents an opportunity to acquire a mixed-use property together with an established restaurant and bar business from long-term ownership. 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 oper

ation 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 B

asement 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. Please Note this is R7 Zoning

Monthly Cost Estimate

$13,905/mo

20% down · 6.5% · 30 years

Principal$1,880
Interest$11,267
Insurance$758

Estimates only. Actual payments may vary.

Location

18018 Hillside Avenue

Jamaica, NY 11432

Property Details

Construction

Stucco

Heating

Natural Gas

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom single family at 18018 Hillside Avenue is listed at $2,600,000. The estimated monthly payment is $13,905 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1992, 0.04 acre lot.

This property is listed by Matthew P. Holt and can be reached at 6463879417.

MH

Matthew P. Holt

Agent at Corcoran

(646) 387-9417

Listed by Corcoran

MLS# 943738· Source: listhub· 211 days on market

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18018 Hillside Avenue, Jamaica, NY 11432

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