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$971,830
List Price: $989,000
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106-34 Sutphin Blvd
House in Jamaica •  building info
2bd • 4ba • 1,360ft² $727 per ft²
Buy with Yoreevo

$971,830

List Price

$989,000

Key Details
Days on market
30
Last price change
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Estimated payment
$5,749/mo
Taxes
$412/mo
Maintenance
N/A
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$989,000
Asking Price: $989,000
Term
30 Years
Down Payment
$98,000 (10%)
Min: 10% (98,000)
Rate
6.0 %
Mortgage Amount
$890,100
Mortgage Payment
$5,337
Taxes
$412
Estimated Yoreevo rebate
$17,170
Estimated closing cost
$28,000
Total monthly cost $5,749
Buy your dream home with us and get an estimated $17,170 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Property Professionals Realty

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