106-34 Sutphin Boulevard, Jamaica, NY 11435

• 2 beds |
• 4 baths |
• 1,858 sqft

Property Description

This two-story mixed-use property at 106-34 Sutphin Blvd. offers investors and end-users a rare value-add opportunity in the heart of Jamaica’s rapidly transforming commercial corridor. The building features two free-market one-bedroom apartments on the second floor and 929 sq. ft. of ground-floor retail space with a matching 929 sq. ft. full basement, delivered vacant at closing, ideal for an owner-operator seeking visibility on a high-traffic block. Zoned R5D/C2-4 and located within the newly approved Jamaica Redevelopment Zoning Program. This property benefits from significant future upside, including the potential to convert the retail space into two additional one-bedroom units, and to build up additional square footage for more free-market apartments. With modest annual operating expenses, Real Estate Taxes: $4,948, Water/Sewer: $1,300, Heat/Gas: $4,200, Electric: $4,300, this asset provides an attractive entry point for long-term growth. Offered at $989,000, this property is perfectly positioned for buyers seeking both immediate utility and substantial redevelopment potential in one of Queens’ most active growth zones.

Listing Status:

Active

Data Last Updated:

February 8, 2026 at 5:21AM

Listing Office:

Property Professionals Realty : 516-605-2700

MLS ID:

951498

Interior

• General: Other
• Basement: FullUnfinished
• A/C: None
• Heating: Hot WaterOther

Exterior

• Parking: On StreetOpen

Location

• Originating MLS: onekey2
• School District: Queens 28
• County: Queens

Lot

• Zoning: 100880017

Utilities

• Utilities: Natural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2