180-18 HILLSIDE Avenue
$2,600,000
MLS# RLS20069851 · Hollis
Originally listed at $2,850,000. Price last reduced on July 9, 2026.
Listed December 16, 2025 · 332 days on the market
2 Beds 3 Baths
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Corcoran Group.
A washer and dryer sit inside the unit at 180-18 Hillside Avenue, and central air is already installed.
The building is a two-story property with two units and was built in 1992. The listing shows two bedrooms and three bathrooms, it's listed as a green building, pets are allowed, and it's smoke-free.
Included in the sale is a restaurant and bar that has been in operation for about 35 years under current ownership.
Liquor service is approved on multiple levels, subject to license transfer, and the basement has built-out bar space that isn't currently in use. The buyer is responsible for verifying the licenses and financials, and the listing says income figures aren't guaranteed, so an attorney and your broker should review those documents before you move forward.
On foot, the F train at Jamaica-179 St is about 3 minutes away. Al-fattah Food Bazar and Bismillah Supermarket are each about 1 minute away for everyday groceries.
Quick answers+
Does the property have in-unit laundry?
Yes. A washer and dryer are in the unit.
Does the property have central air?
Yes. Central air is installed.
Are pets allowed?
Yes. Pets are allowed, and the building is smoke-free.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
- Central air
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$15,422 / month
- Principal and interest$13,147
- Property taxes$2,275
Due at closing
- Down payment (20%)$520,000
- NYS “mansion tax” (1.25%)$32,500
- Mortgage recording tax (1.925%)$40,040
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
About the Building
180-18 Hillside Avenue is a 2-story residential building in Hollis, completed in 1992 and home to 2 residential units.
The closest subway is Jamaica-179 St (F), about a 3-minute walk.
Compiled from NYC public records and open data.
- Year Built
- 1992
- Stories
- 2
- Units
- 2
View 180-18 Hillside Avenue building profile and all listings →
Location & Nearby
Map
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180-18 HILLSIDE Avenue
Subway
- FJamaica-179 StAbout 3 min walk · Accessible
Public schools · Elementary schools
- P.S. 95 EastwoodAbout 4 min walk
- P.S./I.S. 268About 10 min walk
- P.S. 35 Nathaniel WoodhullAbout 18 min walk
Middle schools
- I.S. 238 - Susan B. Anthony AcademyAbout 3 min walk
High schools
- Hbcu Early College PrepAbout 3 min walk
- Cambria Heights AcademyAbout 15 min walk
Colleges & universities
- St. John'S UniversityAbout 24 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
Gallery
Property Photos
Listing Courtesy of Corcoran Group
This 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.