Mixed-Use Property in Excellent
For Sale
$1,399,999
11734 Sutphin Blvd, Queens, NY 11434
Mixed-use property featuring commercial space and residential apartments.
Property Size2,840 SF
Lot Size0.04 Acres
Days on Market312
Property Features for 11734 Sutphin Blvd
General Information
Standard status
Active
Size
2,840 SF
Lot size
0.04 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,119
Building Details
Building Size
2,840 SF
Year Built
1930
Units
3
Listed By:
Maritza Rodriguez
(646) 483-6052
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 5 at 5:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maritza Rodriguez
Investment Insights
Based on property information with market context.
This mixed-use property features a first-floor commercial space available for rent, complete with a bathroom. The second floor houses two apartments, each containing two bedrooms and a bathroom. Additional features include an attached two-car garage and a full finished basement. The property benefits from its location near public transportation, schools, supermarkets, restaurants, and other amenities.
Key Highlights
- Multi‑dwelling property featuring commercial space and two apartments.
- Excellent location near public transportation, schools, supermarkets, and restaurants.
- Two apartments, each offering 2 bedrooms and a bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,422
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,440
$1.4M
Cap Rate 7%
$991,743
$991.7K
Cap Rate 9%
$771,356
$771.4K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$131.2K $46.20/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$126.2K $44.44/SF
− OpEx
−$56.8K −$20.00/SF
NOI
$69.4K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,440
Cap Rate 7%
$991,743
Cap Rate 9%
$771,356
Alternative Uses
Best Use
Apartment 5plus
$991.7K
$867.8K – $1.16M
NOI $69,422 @ 7.0% cap · market cap 4.96%
Second Best
Retail
$724.2K
$633.7K – $844.9K
NOI $50,694 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,558 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
660
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring commercial space and residential apartments.
Where is this mixed-use property located?
The property is located at 11734 Sutphin Blvd Queens, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Multi‑dwelling property featuring commercial space and two apartments.; Excellent location near public transportation, schools, supermarkets, and restaurants.; Two apartments, each offering 2 bedrooms and a bathroom.
