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THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 25 2025 AT 1:10 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

136-21 Hillside Ave

queens, NY 11418

$11,500,000

    INTERESTED? LET'S CONNECT

    Calling All Investors, Developers & End-Users!!! 16 Unit 18,138 Sqft. Corner Office Building With Private Garage For Sale!!! The Building Features Excellent Signage, Great Exposure, 4 Stories, 3,157 Sqft. Private Parking Garage, High Ceilings, Conference Rooms, Secure Private Offices, 4 Stories, R6/C2-3 Zoning, Sprinklers, All New LED Lighting, Elevator, 3,200 Sqft. Mezzanine, 3 Phase 1200 Amp Power, CAC+++!!! The Property Is Located In The Heart Of Kew Gardens On Busy Hillside Avenue & Van Wyck Expressway!!! Neighbors Include Starbucks, Toyota, Kia, Honda, Bank Of America, Allstate, Walgreens, Planet Fitness, Dunkin’, McDonald’s, Taco Bell, Mobil, Pep Boys, Wendy’s, Advance Auto Parts, Burger King, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!



    Income:



    1st Floor (Chychillas Inc): $45,600 Ann.; Lease Exp.: 10/14/28.



    Unit 201 (Brooklyn Radiation Oncology): $78,000 Ann.; Lease Exp.: 3/30/37



    Unit 202 (Brooklyn Radiation Oncology): $140,280 Ann.; Lease Exp.: 10/10/28.



    Unit 301 (Best Medical Care): $107,163.72 Ann.; Lease Exp.: 8/31/26.



    Unit 304 (Brooklyn Radiation Oncology): $24,000 Ann.; Lease Exp.: 12/31/28.



    Unit 305 (Big Heart Home Care): #33,580.08 Ann.; Lease Exp.: 2/28/25.



    Unit 306 (Voltamp Electrical Contractors Inc): $30,000 Ann.; Lease Exp.: 7/2/25.



    LL #1 (Cristian Genao Photos & Films): $45,600 Ann.; Lease Exp.: 9/30/26.



    LL #2 P(Get Ready Kids): $36,000 Ann.; Lease Exp.: 9/30/25.



    M-1 (The Excel Academy): $28,800 Ann.; Membership Since 9/1/23.



    M-2: $18,000 Ann.; Membership Available.



    M-3: $16,800 Ann.; Membership Since 10/18/24.



    M-4: $13,200 Ann.; Membership Since 11/1/24.



    M-5: $19,200 Ann.; Membership Available.



    M-6: $19,200 Ann.; Membership Available.



    M-7: $19,200 Ann.; Membership Available.



    M-8: $19,200 Ann.; Membership Available.



    M-9 (Voltamp Electrical Contractors Inc): $20,400 Ann. M-M.



    M-10: $16,800 Ann.; Membership Since 6/22/24.



    M-11: $16,800 Ann.; Membership Available.



    M-12: $7,200 Ann.; Membership Available.



    M-13 (Christina Brown): $15,000 Ann.; M-M.



    M-14: $15,600 Ann.; Membership Available.



    M-15: $15,600 Ann.; Membership Available.



    M-16 (Entrateca Robinson): $15,600 Ann.; Membership Since 10/27/23.



    Best Car Medical (2 Parking Spaces): $6,000 Ann. Lease Exp.: 1/1/60.



    Parking Spaces 3-8: $18,000 Ann. (Available)



    Dish Wireless (Rooftop): $45,000 Ann. Lease Exp.: 12/14/24.



    Pro Forma Rental Income: $883,663.80 Ann.



    Late Fees: $2,251.01 Ann.



    Miscellaneous: $527.35 Ann.



    Tenant Utility Rebate: $480 Ann.



    Pro Forma Gross Income: $886,922.19 Ann.



    Expenses:



    Electric: $38,356 Ann. (Landlord Pays Electric For 3rd Floor, Basement & Mezzanine Tenants Only)



    Maintenance & Repairs: $4,515.50 Ann.



    Garbage Pickup: $2,765.65 Ann.



    Insurance: $7,826.87 Ann.



    Internet: $3,844.52 Ann.



    Water & Sewer: $1,200 Ann.



    Taxes: $27,699.08 Ann.



    Total Expenses: $86,207.62 Ann.



    Pro Forma Gross Income: $886,922.19 Ann.



    Pro Forma Net Operating Income (NOI): $800,714.57 Ann. (6.96 Cap!!!)

    Details

    3,750 Sq Ft

    Commercial

    $9,500 Annual Tax

    MLS/Listing ID 819285

    Amenities & Features

    Construction - Block

    Heating - Electric

    Listing Courtesy of ALL ISLAND ESTATES REALTY CORP, RICHARD MATT SHANE - 516-279-8828

    ONEKEY

    Source of Data: ONEKEY MLS

    Interested in 136-21 Hillside Ave?