For Sale Multi-Family MLS# 1034363

121-19 Sutphin Boulevard

Jamaica, NY 11434

$1,290,000

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About 121-19 Sutphin Boulevard

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.**

Property details

Property

Type
multi
Year built
1931
Living area
3,760 sqft
Price / sqft
$343
Lot
0.0471 ac
List date
Aug 3, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Jamaica
Neighborhood
Jamaica

Location

Neighborhood
Jamaica
School district
New York City Department Of Education

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Listed by Voro LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.