- Price: $1,198,000
Prime opportunity for mixed-use on the busy Hillside Ave! This versatile property features a ground-floor storefront with a fully equipped and income-generating restaurant, with a long-term lease, plus a legal two-apartment residence on the second floor, currently configured and used as a spacious single-family home. The below-market commercial rent offers immediate upside potential, while the exceptionally low real estate taxes significantly enhance overall returns. Positioned along a high-traffic corridor with excellent visibility, the property enjoys convenient access to major transportation lines (Q1, Q43, QM68, N22, N26), providing seamless connectivity to Queens, Long Island, and Manhattan. Ideal for investors seeking stable income with long-term growth, or end-users looking for flexibility — live upstairs while benefiting from a strong commercial cash flow, or reconfigure the residence to maximize rental income.