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 LLC877-943-8676,
Eric Santiago631-609-5161
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1034363
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
Zestimate®
$1,129,200
Estimated sales range
$1.07M - $1.19M
Rent Zestimate®
$4,815/mo
Price history
Date
Event
Price
8/12/2026
Price change
$1,290,000+17.3%$343/sqft
Source: OneKey® MLS as distributed by MLS GRID #1034363Report a problem
8/3/2026
Listed for sale
$1,100,000+115.7%$293/sqft
Source: OneKey® MLS as distributed by MLS GRID #1034363Report a problem
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.