Renovated Mixed-Use
New
For Sale
$1,100,000
12119 Sutphin Boulevard, Jamaica, NY 11434
MULTI_FAMILY - Jamaica, NY
Property Size3,800 SF
Lot Size0.05 Acres
Price / SF$289.47
Days on Market2
Property Features for 12119 Sutphin Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 3, Basement, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 1
Parking features
Alley
Interior features
High Ceilings
Basement
Finished
Elementary school
Ps 110
Middle school
Jhs 216 George J Ryan
High school
John Bowne High School
Elementary school district
Queens 24
Middle school district
Queens 26
High school district
Queens 25
Standard status
Active
APN
12216-0001
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12084
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
12-foot ceilings
large finished basement
Building Details
Year built
1931
Number of units
4
Building materials
Brick
Listing Agency:
Voro LLC
(877) 943-8676
Listed By:
Eric Santiago
(631) 609-5161
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 12:06PM
MLS# 1034363
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 12119 Sutphin Boulevard in Jamaica, this 3,800 SF mixed-use building contains four renovated units: one retail storefront and three residential apartments. The residential layout includes seven bedrooms and four bathrooms overall, with unit configurations of three bedrooms, two bedrooms, and two bedrooms. The property is delivered vacant and includes a large finished basement, high ceilings reaching 12 feet, brick construction, baseboard heating, and window or wall/window cooling units.
Built in 1931, the property occupies 0.0471 acres in Queens. Public water and public sewer serve the building, and natural gas is available. An alley is listed among the parking features. Its combination of commercial storefront space and multiple residential units supports a mixed-use ownership structure with flexibility for leasing or owner occupancy.
Built in 1931, the property occupies 0.0471 acres in Queens. Public water and public sewer serve the building, and natural gas is available. An alley is listed among the parking features. Its combination of commercial storefront space and multiple residential units supports a mixed-use ownership structure with flexibility for leasing or owner occupancy.
Key Highlights
- 3,800 SF mixed‑use building with 4 renovated units
- Unit mix includes 1 retail storefront and 3 residential apartments
- Residential component totals 7 bedrooms and 4 bathrooms
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.6k | $46.20 |
| − Vacancy | −$6.7k | −$1.76 |
| EGI | $168.9k | $44.44 |
| − OpEx | −$76.0k | −$20.00 |
| NOI | $92.9k | $24.44 |
3,800 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $92,889 @ 7.0% cap · market cap 8.44%
Second Best
Retail
$969.0K
$847.9K – $1.13M
NOI $67,830 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,098 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,968
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Jamaica
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Delivered vacant with a retail storefront and three renovated residential apartments.
Where is this mixed-use property located?
The property is located at 12119 Sutphin Boulevard Jamaica, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,800 SF mixed‑use building with 4 renovated units; Unit mix includes 1 retail storefront and 3 residential apartments; Residential component totals 7 bedrooms and 4 bathrooms
