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121-19 Sutphin Boulevard

$1,290,000

Est. $7,561/mo

Jamaica, NY 11434 · Queens

Beds
7
Baths
4
Status
Active
On site
46 days

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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.**

Listed with Voro LLC · Eric Santiago · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 8:07 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$7,561.20Total / mo

Estimated Monthly Payment

Principal & interest
$6,354.20 (84.0%)
Taxes
$1,007.00 (13.3%)
Insurance
$200.00 (2.6%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Jamaica, NY

Current Listings

New in the last 30 days

70

Sep 2026

Average Price

Active listings

$1,016,050

Sep 2026

Average Days on Market

Active listings

197 days

Sep 2026

Computed from 603 active OneKey MLS listings in Jamaica, NY.

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