$1,100,000

121-19 Sutphin Boulevard, Jamaica, NY 11434

  • 7 beds |
  • 4 baths |
  • 3,760 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,052sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $293/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Queens One of the best-priced renovated mixed-use investment properties currently available in Queens. A rare opportunity to acquire a vacant, income-producing asset with exceptional cash flow potential. Don't miss this rare opportunity to acquire a renovated, vacant 3,800 SF mixed-use building in a prime Sutphin Blvd location. Featuring (4) renovated units with a total of 7 bedrooms and 4 bathrooms, this turnkey property offers immediate income potential for investors or owner-users alike. The building includes one commercial storefront with excellent visibility on Sutphin Blvd and three renovated residential apartments, all delivered vacant, allowing the new owner to lease at current market rents from day one. Additional highlights include 12-foot ceilings a large finished basement, and strong upside in one of Queens' most active commercial corridors. Based on estimated market rents, the property offers projected gross annual income exceeding $160,000, representing an estimated ~12% capitalization rate at full occupancy. Property Features: * Approximately 3,800 SF * (4) Renovated Units * 7 Bedrooms | 4 Bathrooms * Prime Mixed-Use Building * 12-Foot Ceilings * Large Basement * Vacant * Strong Investment or Owner-User Opportunity Unit Mix: * Unit #1 – Retail Storefront * Unit #2 – Three-Bedroom Apartment * Unit #3 – Two-Bedroom Apartment * Unit #4 – Two-Bedroom Apartment **Seller financing may be available to qualified purchasers with a substantial down payment.** **Buyer's responsibility to verify all information.**

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 12:23AM
Listing Office:
Voro LLC : 631-609-5161
MLS ID:
1034363
  • General: High CeilingsOther
  • Basement: FullStorage Space
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardOther
  • Parking: Alley Access
  • Originating MLS: onekey2
  • School District: Queens 25
  • County: Queens
  • Zoning: 12216-0001
  • Utilities: Natural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Voro LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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