Description
Located in the vibrant neighborhood of Hollis, NY 11423, this commercial warehouse presents an exceptional investment and development opportunity. Currently utilized for plumbing storage, the property offers substantial upside thanks to its unique zoning classification of R5D and C2-4. This dual zoning allows for the development of a commercial storefront on the ground floor with residential apartments above, making it ideal for a mixed-use building in a high-demand area. Situated on a quiet yet accessible street, the property is just minutes from Jamaica Avenue, Hillside Avenue, and multiple transportation options including the LIRR and MTA bus lines, making it highly convenient for both business and residential tenants. The neighborhood is well-established and bustling, surrounded by schools, local businesses, and community services that attract consistent foot traffic and rental interest. With the flexibility to either maintain the current warehouse usage or redevelop into a modern, income-generating mixed-use property, this site is perfect for developers, business owners, or investors looking to capitalize on Queens’ growing real estate market. Whether you’re expanding your portfolio or starting a new project, this property offers the perfect blend of location, zoning, and future potential.
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0.04ACRES
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01/2 BATHS
School Ratings & Info
Description
Located in the vibrant neighborhood of Hollis, NY 11423, this commercial warehouse presents an exceptional investment and development opportunity. Currently utilized for plumbing storage, the property offers substantial upside thanks to its unique zoning classification of R5D and C2-4. This dual zoning allows for the development of a commercial storefront on the ground floor with residential apartments above, making it ideal for a mixed-use building in a high-demand area. Situated on a quiet yet accessible street, the property is just minutes from Jamaica Avenue, Hillside Avenue, and multiple transportation options including the LIRR and MTA bus lines, making it highly convenient for both business and residential tenants. The neighborhood is well-established and bustling, surrounded by schools, local businesses, and community services that attract consistent foot traffic and rental interest. With the flexibility to either maintain the current warehouse usage or redevelop into a modern, income-generating mixed-use property, this site is perfect for developers, business owners, or investors looking to capitalize on Queens’ growing real estate market. Whether you’re expanding your portfolio or starting a new project, this property offers the perfect blend of location, zoning, and future potential.
© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-15T19:17:06.27.