MLS#951498
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 28
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Heating: Hot Water, Other
Lot Size: 0.03 Acres
Taxes: $4,947
Year Built: 1920
Amenities
Other
Feature Descriptions
Building Area Total: 1858
Days on Site: 34
Exterior: Brick
Lot Dimensions: 16 ft x 85 ft
On Market Date: 2026-02-03
Parcel Number: 100880017
Parking Features: On Street, Open
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Natural Gas Available
Water: Public
Local Schools
High School: York Early College Academy
Middle School: Jhs 8 Richard S Grossley
Elementary School: Ps 50 Talfourd Lawn Elementary Sch
School District: Queens 28
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Estimated Payment
$ 2,901.79 per month $2,201.09 Principal & Interest $412.25 Property Tax $288.46 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Property Professionals Realty
Agency Contact: 516-605-2700
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
106-34 Sutphin Boulevard | MLS# 951498
This multi-family property located at 106-34 Sutphin Boulevard, Jamaica, NY 11435 is currently listed for sale with an asking price of $989,000. 106-34 Sutphin Boulevard is located within the Queens 28 school district. Search Jamaica real estate on www.laffey.com today.