119-07 Sutphin Blvd Jamaica, NY 11434
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.