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Property profile & analytics
OFF-MARKET
Commercial real estate

Sutphin Blvd Jamaica, NY 11435

Built 1955
Property ID
Property summary
AI-generated overview

This exceptional Jamaica, Queens commercial property presents a compelling investment opportunity for developers and investors. Boasting a substantial 14,050 square foot lot with dual street frontage, this site offers unparalleled versatility. The C4-5X zoning allows for a wide range of development possibilities, including mixed-use projects. With a 5.0 FAR, the buildable square footage totals an impressive 70,250 square feet. Currently, the property features two existing structures: a 3,878 square foot car wash and a 6,171 square foot auto shop. The property can be delivered vacant, providing immediate access for redevelopment. Its prime location, a short walk from the Jamaica Center Train Station, ensures high visibility and accessibility, guaranteeing significant foot and vehicular traffic. This strategic positioning, combined with the substantial buildable area and flexible zoning, makes this property ideally suited for a variety of projects, from residential and commercial developments to innovative mixed-use concepts. The scale and potential of this site make it a rare find in a thriving urban center. This is a chance to capitalize on a high-demand location and create a significant return on investment. The property is priced at $11,300,000.

Property profile
Verified
Property type Commercial real estate
Year built 1955
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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