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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.
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Jamaica |
| Prop. Type | Single Family House for Sale |
| Tax | $4,948.00 |
| Bedrooms | 2 |
| Total Baths | 4 |
| Full Baths | 4 |
| Year Built | 1920 |
| Basement | Full, Unfinished |
| Construction | Brick |
| Total Units | 3 |
| Lot Size | 16 ft x 85 |
| Lot SqFt | 1,360 |
| Cooling | None |
| Heat Source | Hot Water, Other |
| Util Incl | Natural Gas Available |
| Condition | Actual |
| Days On Market | 16 |
| Parking Features | On Street, Open |
| Tax Lot | 17 |
| Units | 3 |
| School District | Queens 28 |
| Middle School | Jhs 8 Richard S Grossley |
| Elementary School | Ps 50 Talfourd Lawn Elementary |
| High School | York Early College Academy |
| Features | Other |
| Listing information courtesy of: Property Professionals Realty | |