For Sale

121-19 Sutphin Boulevard Jamaica, NY 11434

$1,290,000

Listed August 3, 2026, 37 days ago

Listing courtesy of Eric Santiago, Voro LLC MLS #KEY1034363

  • 7Bedrooms
  • 4Bathrooms
  • 1931Year built

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.**

Description supplied by the listing broker.

Features

  • High Ceilings

Property details

Interior

Two bedroom units
2
Three bedroom units
1

Systems and utilities

Heating
Baseboard, Other
Cooling
Wall/Window Unit(s)
Utilities
Natural Gas Available
Water
Public

Exterior and lot

Construction
Brick
Condition
Updated/Remodeled
Attached property
Yes
Parking
Alley Access

Community and fees

Units in building
4
Seller concession offered
Yes

Tax and legal

Parcel number
12216-0001
Listing agreement
Exclusive Right To Sell

Property details supplied by the listing broker through OneKey MLS, as of September 9, 2026. Fields not shown were not supplied and should not be read as absent from the property.

This listing

  1. August 3, 2026 Listed at $1,290,000 37 days ago

Location

121-19 Sutphin Boulevard, Jamaica, NY 11434

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