For Sale
$1,299,000

109-14 Sutphin Blvd Jamaica, NY 11435

Turnkey Retail & Residential Income Property

Overview

Added:
Dec 11, 2024
Days on market:
128
This fully renovated, 2,040 square foot retail property at 109-14 Sutphin Boulevard in Jamaica, Queens County, New York (zip code 11435) presents a compelling investment opportunity. Built in 1925 and situated on a 0.05-acre lot, the property boasts a complete rent roll, offering immediate income generation. The retail space generates $3,500 per month in rent, while two residential units, each a 2-bedroom apartment, each contribute $2,696 monthly. Tenants are responsible for their own utilities, simplifying property management. This turnkey solution is ideally positioned in a rapidly developing area, promising strong future appreciation. The property's location offers convenient access to various amenities and transportation options. This is a rare chance to acquire a well-maintained, income-producing asset in a high-growth market. Asking price is $1,299,000.

Highlights

  • $1,299,000 asking price.
  • 2,040 square foot retail property.
  • Built in 1925.
  • 0.05-acre lot.
  • Located at 109-14 Sutphin Blvd, Jamaica, NY 11435.
  • Fully renovated with complete rent roll.

Property Details for 109-14 Sutphin Blvd

Property type
Retail properties
Square Feet
2,040 SF
Year Built
1925
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.691372
Longitude
-73.798193
109-14 Sutphin Blvd, Jamaica, New York

FAQs

What type of property is this?
Retail property - Turnkey Retail & Residential Income Property
Where is the retail property located?
The property is located at 109-14 Sutphin Blvd Jamaica, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: $1,299,000 asking price.; 2,040 square foot retail property.; Built in 1925.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
109-14 Sutphin Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message