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    OFF-MARKET
    Mixed-use properties

    Sutphin Blvd, Jamaica, NY 11435

    0.09 ac lot Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.09-acre Jamaica, NY property presents a compelling investment opportunity. Boasting dual street frontage and a substantial 14,050 square foot lot, the site is zoned C4-5X, allowing for versatile development options. With a 5.0 FAR, the buildable square footage totals an impressive 70,250 square feet, ideal for a mixed-use project. Currently featuring a 3,878 square foot car wash and a 6,171 square foot auto shop, the property can be delivered vacant. Its prime location, a short walk from the Jamaica Center Train Station, ensures high visibility and accessibility, attracting significant foot and vehicular traffic. This makes it exceptionally attractive to developers and investors seeking to capitalize on the area's robust growth potential. The property's size, zoning, and strategic location near major transportation combine to create a rare opportunity for residential, commercial, or mixed-use development in a thriving Queens neighborhood. The substantial buildable area allows for significant expansion or a complete redevelopment, catering to a wide range of project visions.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1955
    Lot 0.09 ac (3,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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