9035 198th Street
About this property
Rare opportunity to own a fully occupied 4-family brick investment property in the desirable Hollis section of Queens. This income-producing property offers spacious apartments and excellent long-term investment potential in a high-demand rental market. Conveniently located near public transportation, the LIRR, major highways, schools, shopping, restaurants, parks, and other neighborhood amenities. Property is being sold As Is with tenants in place. No interior access prior to inspection. Do not disturb the occupants or walk the property without a confirmed appointment. Buyer is responsible for conducting all due diligence and verifying all information, including rents, expenses, taxes, certificates, and any required inspections. Cash or appropriate financing recommended. A fantastic opportunity for investors looking to add a stable multi-family asset to their portfolio in a prime Queens location. No assignment contracts, Proof of funds/pre-approval requirements, Highest and best instructions, Earnest money deposit Requirements
Listing details
- Property Type
- Residential Income
- Sub-Type
- Duplex
- Year Built
- 1943
- Lot Size
- 3,053 sqft
- County
- Queens
- MLS #
- KEY1022926
- Status
- Active
Street view & aerial
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FMR for Hollis, NY 11423
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11423
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 Bedroom | $3,324 | $39,888 |
| 4 BedroomSubject | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
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Questions about this listing
Is 9035 198th Street in Hollis still available?
Inventory changes daily. 9035 198th Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 07/08/2026, 05:04 AM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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