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.
| MLS # | 951498 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 202 |
| Listing Provided By | Property Professionals Realty | Judith R. Cajal |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,858 |
| Basement | Y |
| Units | 3 |
| Cooling | None |
|---|---|
| Heating | Hot Water, Other |
| Interior Features | Other |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street, Open |
| Utilities | Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 4947.96 |
| Tax Lot | 17 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11435 |
| School District | York Early College Academy |
| Elementary School | Ps 50 Talfourd Lawn Elementary S |
| High School | York Early College Academy |
| Listing VS Median (in 11435) | |
Price: $989,000 low | high Med: $349,500 sqft: 1,858 low | high Med: 921 $ / sqft: $532 low | high Med: $393 On site: 202 low | high Med: 256 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11435 |
| School District | York Early College Academy |
| Elementary School | Ps 50 Talfourd Lawn Elementary S |
| High School | York Early College Academy |
| Listing VS Median (in 11435) | |
Price: $989,000 low | high Med: $349,500 sqft: 1,858 low | high Med: 921 $ / sqft: $532 low | high Med: $393 On site: 202 low | high Med: 256 | |
![]() | $1,300,00010640 Sutphin BoulevardJamaica, NY 11435 |