$989,000

Pending

Est. Mortgage $4,807/mo *

Quick Pre-Approval

106-34 Sutphin Boulevard, Jamaica, NY, 11435

106-34 Sutphin Boulevard, Jamaica, NY, 11435

2 beds

4 Full baths

1920

Duplex

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.


Status:

Pending

Type:

Single-family residential

Units:

3

Heating:

Hot Water, Other

Cooling:

None

Basement:

Full, Unfinished

Parking:

On Street, Open

Est. Taxes:

$4,948

Construction

Brick

Utilities

Natural Gas Available

Elementary School:

Ps 50 Talfourd Lawn Elementary Sch

Middle School:

Jhs 8 Richard S Grossley

High School:

York Early College Academy

School District:

Community District 28

Days on Market:

101

MLS #:

951498


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Property Professionals Realty 516-605-2700