121-19 Sutphin Boulevard, Jamaica, NY 11434
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
121-19 Sutphin Boulevard,Jamaica, NY 11434
$1,290,000
- 7 Beds
- 4 Baths
- 3,760 sq. ft.
- Multi-family
- Active
Listed by: eric santiago
Office: voro llc.
MLS#:1034363
Source:OneKey MLS
Price summary
- Price:$1,290,000
- Price per sq. ft.:$343.09
About this home
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.**...
Contact an agent
Home facts
- Year built:1931
- Listing ID #:1034363
- Added:101 day(s) ago
- Updated:November 13, 2026 at 01:29 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Full
- Living area:3,760 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1931
- Building area:3,760 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
Schools
- High school:John Bowne High School
- Middle school:Jhs 216 George J Ryan
- Elementary school:Ps 110
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,290,000
- Price per sq. ft.:$343.09
- Tax amount:$12,084 (2025)
Features and amenities
- Amenities:High Ceilings
Parking
- Carport spaces:1
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