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Property profile & analytics
OFF-MARKET
Specialty properties

119-07 Sutphin Blvd Jamaica, NY 11434

1,387 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 119-07 Sutphin Blvd in Jamaica, Queens County, New York, is offered at $799,000. The 1,387 square foot building sits on a 1,772 square foot lot and boasts high ceilings and a full basement providing ample storage. An added benefit is the presence of outdoor space at the rear of the building. Its strategic location on a main street offers easy access to major transportation arteries, including the Belt Parkway, Van Wyck Expressway, and the Q6 bus. The property's proximity to John F. Kennedy International Airport and its central position amongst other businesses and residential properties enhance its appeal. The M1 zoning classification allows for diverse uses, including but not limited to a place of worship, office space, wholesale service, repair shop, or storage facility; light industrial uses are also permitted. This presents a unique opportunity for investors seeking a versatile commercial property in a high-traffic area with convenient access to Manhattan via various transportation options, including bus, subway, and the Long Island Railroad. The property is priced to sell quickly.

Property profile
Verified
Property type Specialty properties
Total area 1,387 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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