116-43 Sutphin Boulevard Jamaica, NY $ 1,350,000
116-43 Sutphin Boulevard
$ 1,350,000
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116-43 Sutphin Boulevard

Jamaica, NY, 11434
$ 1,350,000
Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

$ 8,312

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Commercial Property for sale in Jamaica, NY

for $1,350,000. This 2,600 square foot building was built in 1930 on a lot size of 0.041483.

This investment offers a strong opportunity to acquire a fully renovated, income-producing mixed-use property in one of Queens’ most active and well-connected neighborhoods. This turnkey investment includes **one street-level storefront** and **three spacious updated 2-bedroom apartments**, with **all units currently rented**, providing immediate cash flow from day one. The property has been improved with a **fully renovated storefront**, a **fully renovated store interior**, a **new security gate**, **new HVAC**, and additional building upgrades that enhance both appearance and overall functionality. For investors seeking a property that does not require major post-closing work, this asset stands out as a clean, stabilized opportunity with income already in place. The residential portion of the building adds to its appeal through a practical and desirable unit mix. The **three 2-bedroom apartments** offer layouts that continue to attract steady renter interest from families, couples, roommates, and tenants needing extra living or work-from-home space. Updated apartments in Jamaica benefit from strong demand because the neighborhood offers a combination of convenience, accessibility, and everyday value. Since the units are already renovated and occupied, a new owner can avoid the cost and uncertainty of vacancy, renovation, and lease-up. That creates a more stable investment profile and allows the property to begin performing immediately. The commercial component strengthens the value of the asset by adding diversified income through a visible retail space on **Sutphin Boulevard**, a corridor known for consistent activity and neighborhood commerce. A well-positioned storefront in a high-traffic area can support long-term tenant appeal, and the fact that both the storefront and interior have been fully renovated makes the space even more attractive. The commercial presence adds balance to the building by combining residential stability with retail exposure, a key advantage of mixed-use ownership in a busy urban market. Recent capital improvements also help reduce near-term maintenance concerns. The **new security gate** adds functionality and curb appeal, while the **new HVAC** system supports efficient and modern operation. These upgrades, together with the broader renovations throughout the building, reinforce the property’s turnkey character. Rather than taking on an underperforming asset with deferred maintenance, the next owner steps into a property that has already been substantially improved and positioned for dependable performance. Location is one of the property’s strongest features. Situated in the heart of Jamaica, the building benefits from excellent access to transportation, shopping, services, and major roadways. It is close to the **E, J, and Z subway lines** at the **Sutphin Blvd–Archer Av–JFK Airport/Jamaica Center area**, as well as the **LIRR at Jamaica Station**, one of Queens’ most important transit hubs. The area is also served by numerous bus routes, including the **Q6, Q8, Q9, Q24, Q25, Q30, Q31, Q32, Q34, Q40, Q41, Q42, Q43, Q44 SBS, Q54, Q56, Q60, Q65, and Q83**, making the property highly accessible for both residents and customers. Strong transportation infrastructure supports tenant demand and adds long-term value for mixed-use assets in this part of Queens. This property is especially appealing for investors who want a stabilized building with both retail and residential cash flow in a neighborhood defined by daily activity and practical convenience. The combination of **one fully renovated storefront**, **three updated 2-bedroom apartments**, **full occupancy**, and major recent upgrades makes this a compelling mixed-use investment. With its strong location, existing income, and move-in-ready condition, this property represents an attractive opportunity to own a well-improved property in a high-demand Queens corridor.

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 5,490

Style

Multi Family

Lot Size

0.041483

Year Built

1930

Town/City

Jamaica

County/Region

Queens

MLS | Web ID

966074

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Ductless
Utilities Cable Available Electricity Available Natural Gas Available
Zoning R5D C23
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2026
Parcel Number 12202-0101
County Queens
Property Type Commercial Sale
Directions Google Maps
City New York
Number Of Units Total 3
Property Attached Y/N Y
Tax Annual Amount 5490
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Lot 101
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Exterior
Parking Features None None
Water Source Private
Building Area Total 2600
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Maria G. Ramirez

Listing Agent

Century 21 Monticello Realty

Broker

718-804-5757

Contact

Affordability Calculator

$8,770
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$1,350,000 Listed Price

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116-43 Sutphin Boulevard, Jamaica, NY, 11434 is a Commercial Property for sale at $1,350,000 with 2,600 sqft and a lot size of 0.041483. 116-43 Sutphin Boulevard was built in 1930. The property's zip code is 11434 which is in Jamaica, NY