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    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    97-15 Sutphin Blvd, Queens, NY 11435

    Property ID
    Property summary
    AI-generated overview

    This exceptional Queens, NY commercial property presents a remarkable investment opportunity. Located at 97-15 & 97-31 Sutphin Blvd, Jamaica, NY 11435, this 14,050 square foot lot boasts dual street frontage and is zoned C4-5X, allowing for versatile development options. The property includes two existing buildings: a 3,878 square foot car wash and a 6,171 square foot auto shop. With a 5.0 FAR, the buildable square footage totals 70,250 square feet, suitable for mixed-use development. Its prime location, a short walk from the Jamaica Center Train Station, ensures high accessibility and significant foot traffic. The property can be delivered vacant, providing immediate development potential. This substantial lot size, favorable zoning, and convenient transportation access make it ideal for residential, commercial, or mixed-use projects. The asking price is $11,300,000. The buildings were constructed in 1975 and 1955. This is an excellent opportunity for developers and investors seeking a high-return investment in a rapidly growing area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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