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    97-15/31 Sutphin Blvd Jamaica, NY 11435

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    For Sale
    $11,300,000

    Redevelopment opportunity near Jamaica Center Train Station.

    Lot size:
    0.09 Acres

    Property Features for 97-15/31 Sutphin Blvd

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1955

    Source: NY Space Finders Inc Agent Luca DiCiero

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jamaica Mixed-Use Development Opportunity

    This property in Jamaica, Queens, presents an excellent opportunity for redevelopment or expansion. The lot size is 14,050 square feet with dual street frontage and C4-5X zoning, offering versatile development opportunities. The buildable square footage is 70,250, based on a 5.0 FAR, suitable for mixed-use development. Existing structures include a 3,878-square-foot car wash and a 6,171-square-foot auto shop. Its prime location is a short walk to Jamaica Center Train Station, ensuring high accessibility and traffic. The property's substantial size, favorable zoning, and proximity to key transportation hubs make it a prime candidate for residential, commercial, or mixed-use projects. The property can be delivered vacant.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.808401
    Latitude
    40.70449

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    FAQs

    What type of property is this?
    Car wash - Redevelopment opportunity near Jamaica Center Train Station.
    Where is this car wash located?
    The property is located at 97-15/31 Sutphin Blvd Jamaica, NY.
    What is the asking price?
    The asking price for this property is $11,300,000.
    What are key features of this property?
    This property features: - Large Buildable Area: Potential for 70,250 SF development thanks to 5.0 FAR.; - Dual Street Frontage: 14,050 SF lot offers access from two streets.; - Favorable Zoning: C4-5X zoning provides versatile development options.
    (718) 440-8162
    Request Owner's contact information
    97-15/31 Sutphin Blvd Jamaica, NY 11435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    97-15/31 Sutphin Blvd Jamaica, NY 11435
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