The building, constructed in 1931, spans a total of 7,500 SF
on a 11,180 SF lot. The property is situated on a Square lot
providing visibility to all tenants on Hollis Ave.
The building is leased to two retail stores and one
apartment/office space. The building also has two vacancies.
The building is well positioned with great access to public
transportation. Its near many public and express buses.
Hollis Avenue bustles with many retailers with a great
amount of foot and car traffic.
Collectively, the asset produces a Net Operating Income
(NOI) of $173,871. Ownership has set the asking price at
$2,100,000 which reflects a 8.28% CAP rate or $280 PSF.