109-14 Sutphin Blvd Jamaica, NY 11435
- Retail properties
- 2,040 SF
- 0.05 lot acres
Current Use by Public Records
- Retail properties
Property Details for 109-14 Sutphin Blvd
- Year built
- 1925
- Lot size
- 0.05 lot acres
- Property size
- 2,040 SF
- Property type
- Retail properties
Description
This fully renovated, 2,040 square foot retail property at 109-14 Sutphin Boulevard in Jamaica, Queens County, New York (zip code 11435) presents a compelling investment opportunity. Built in 1925 and situated on a 0.05-acre lot, the property boasts a complete rent roll, offering immediate income generation. The retail space generates $3,500 per month in rent, while two residential units, each a 2-bedroom apartment, each contribute $2,696 monthly. Tenants are responsible for their own utilities, simplifying property management. This turnkey solution is ideally positioned in a rapidly developing area, promising strong future appreciation. The property's location offers convenient access to various amenities and transportation options. This is a rare chance to acquire a well-maintained, income-producing asset in a high-growth market. Asking price is $1,299,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.7982
- Latitude
- 40.6914
