Jamaica, Queens, NY 11434
Property Type
Quadruplex
Central AC
No
Year Built
1931
RE Tax
$12,084 (Monthly)
Listing courtesy of Eric Santiago of Voro LLC.
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.**
0.0471 Acres
4
4
7
Queens
Jamaica
Quadruplex
$12,084 (Monthly)
1931
Brick
4
1931
Jamaica
Queens
Alley Access
$12,084 (Monthly)
Finished
Yes - Wall/Window Unit(s)
Yes
Yes - Baseboard, Other
High Ceilings, Other
0
Public
Total$18,846.28/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
121-19 Sutphin Boulevard, Jamaica, NY
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Jamaica, located in central Queens, is a major commercial and transportation hub with a rich cultural and historic heritage.
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