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MLS ID KEY989106Last updated Apr 24, 2026

Mixed Use

21840 Hillside Avenue

Active · Queens, NY 11427

Asking price$1,198,000Request a Showing
Year built
1922
Est. monthly taxes
$613.58
Property gallery0 / 5
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About this home

Prime mixed-use opportunity on bustling Hillside Ave! This versatile property features a ground-floor storefront with a fully equipped, income-generating restaurant and long-term lease in place, plus a second-floor legal two-family residence currently configured and used as a spacious single-family home. Below-market commercial rent offers immediate upside potential, while exceptionally low property taxes significantly enhance overall returns. Positioned along a high-traffic corridor with excellent visibility, the property enjoys convenient access to major transit 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 strong commercial cash flow, or reconfigure the residence to maximize rental income.

Listing snapshot

Days on site
59 days
Listed on MLS
Apr 22, 2026
Annual property tax (MLS)
$7,363
Tax year
2025
Listing brokerage
E Realty International Corp
MLS ID
KEY989106
Last updated
Apr 24, 2026

General features

Property type
Mixed Use
Year built
1922
Water source
Public
Sewer
Public Sewer
Utilities
Cable Connected, Natural Gas Connected

Interior features

Basement
Finished, Full
Heating
Electric, Natural Gas
Cooling
Central Air

Exterior features

Construction materials
Brick

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Queens, NY 11427Show interactive map
21840 Hillside Avenue

Queens, NY 11427

Google Maps directions

Listing data is supplied by the MLS and may change without notice.