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For sale
  • Price increase: $190K (8/12)
    $1,290,000

    121-19 Sutphin Boulevard, Jamaica, NY 11434

    7beds
    3,760sqft
    Loading
    Quadruplex, Multi Family
    Built in 1931
    -- sqft lot
    $1,129,200 Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Large finished basement
    Exceptional Mixed-Use Investment Opportunity in the Heart of Queens One of the best-priced renovated mixed-use investment properties currently available in Queens. A rare opportunity to acquire a vacant, income-producing asset with exceptional cash flow potential. Don't miss this rare opportunity to acquire a renovated, vacant 3,800 SF mixed-use building in a prime Sutphin Blvd location. Featuring (4) renovated units with a total of 7 bedrooms and 4 bathrooms, this turnkey property offers immediate income potential for investors or owner-users alike. The building includes one commercial storefront with excellent visibility on Sutphin Blvd and three renovated residential apartments, all delivered vacant, allowing the new owner to lease at current market rents from day one. Additional highlights include 12-foot ceilings a large finished basement, and strong upside in one of Queens' most active commercial corridors. Based on estimated market rents, the property offers projected gross annual income exceeding $160,000, representing an estimated ~12% capitalization rate at full occupancy. Property Features: * Approximately 3,800 SF * (4) Renovated Units * 7 Bedrooms | 4 Bathrooms * Prime Mixed-Use Building * 12-Foot Ceilings * Large Basement * Vacant * Strong Investment or Owner-User Opportunity Unit Mix: * Unit #1 – Retail Storefront * Unit #2 – Three-Bedroom Apartment * Unit #3 – Two-Bedroom Apartment * Unit #4 – Two-Bedroom Apartment **Seller financing may be available to qualified purchasers with a substantial down payment.** **Buyer's responsibility to verify all information.**
    8 days
    |
    388
    |
    49
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Voro LLC 877-943-8676,

    Eric Santiago 631-609-5161

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1034363MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard, Other
      Cooling
      • Wall/Window Unit(s)
      Features
      • High Ceilings, Other
      • Basement: Full,Storage Space
      Interior area
      • Total structure area: 3,760
      • Total interior livable area: 3,760 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Alley Access
      • Carport spaces: 1
      Lot
      • Size: 2,050 Square Feet
      Details
      • Parcel number: 122160001
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Updated/Remodeled
      • Year built: 1931

      Utilities & green energy

      • Gas: Separate Gas Meters: 4
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available

      Community & HOA

      Location
      • Region: Jamaica

      Financial & listing details

      • Price per square foot: $343/sqft
      • Tax assessed value: $322,650
      • Annual tax amount: $12,084
      • Date on market: 8/3/2026
      • Cumulative days on market: 9 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $1,129,200

        $1.07M - $1.19M

        $4,815/mo

        Price history

        DateEventPrice
        8/12/2026Price change$1,290,000+17.3%$343/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1034363 Report a problem
        8/3/2026Listed for sale$1,100,000+115.7%$293/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1034363 Report a problem
        8/13/2024Sold$510,000$136/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $300,150 +20%
        2024-- $250,200 +11%
        2023-- $225,450 +3.7%
        2022-- $217,350 +25.1%
        2021-- $173,700 -9%
        2020$11,408 +3.3%$190,800 -1.5%
        2019$11,041 +6.8%$193,680 +136.2%
        2018$10,342 +7%$82,002 +7.9%
        2017$9,663 +6.6%$75,972 +8%
        2016$9,066 $70,372 +0%
        2015$9,066 +54%$70,357 +3.3%
        2014$5,888 $68,092
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Jamaica

        Getting around

        78 / 100
        Very Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ps 110
        • Middle: Jhs 216 George J Ryan
        • High: John Bowne High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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