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Arif Baksh

baksharif@gmail.com +1(914) 494-1549

$989,000

Est. payment - /mo

2 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 951498

Bedrooms 2

Full Baths 4

Rental Info No

Year Built 1920

Annual Tax Amount $4,947

Lot Dimensions 16 ft x 85 ft

Property Sub-Type Duplex

Source onekey2

Property Description

This two-story mixed-use property at 106-34 Sutphin Blvd. offers investors and end-users a rare value-add opportunity in the heart of Jamaica's rapidly transforming commercial corridor. The building features two free-market one-bedroom apartments on the second floor and 929 sq. ft. of ground-floor retail space with a matching 929 sq. ft. full basement, delivered vacant at closing, ideal for an owner-operator seeking visibility on a high-traffic block. Zoned R5D/C2-4 and located within the newly approved Jamaica Redevelopment Zoning Program. This property benefits from significant future upside, including the potential to convert the retail space into two additional one-bedroom units, and to build up additional square footage for more free-market apartments. With modest annual operating expenses, Real Estate Taxes: $4,948, Water/Sewer: $1,300, Heat/Gas: $4,200, Electric: $4,300, this asset provides an attractive entry point for long-term growth. Offered at $989,000, this property is perfectly positioned for buyers seeking both immediate utility and substantial redevelopment potential in one of Queens' most active growth zones.

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Interior Features Other

Heating Hot Water, Other

Cooling None

Fireplace No

Exterior

Parking Features On Street, Open

Utilities Available Natural Gas Available

Garage false

Private Pool No

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 50 Talfourd Lawn Elementary Sch

Middle Schools Jhs 8 Richard S Grossley

High Schools Queens 28

School District Queens 28

Others

Senior Community No

Special Listing Condition None

Read Less Info

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Property Professionals Realty • Judith R. Cajal

NEARBY SCHOOLS & PROPERTIES

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

baksharif@gmail.com

399 Knollwood Rd, White Plains, NY 10603, USA

106-34 Sutphin Boulevard Jamaica, NY 11435