10937 Sutphin Boulevard
Jamaica, NY, 11435 $ 3,250,000
Bedrooms-- Baths-- Sq 9,238 Monthly Estimate*
$ 22,447
for $3,250,000. This 9,238 square foot building was built in 1963 on a lot size of 0.1266.
Renovated Commercial Building | Prime Jamaica Location | Delivered Vacant Excellent opportunity to own a renovated two-story commercial property in the heart of Jamaica, Queens. Situated on an approximately 5,513 SF lot measuring 52.5' x 105', the property offers approximately 9,238 SF of reported building area, making it an attractive opportunity for both investors and owner-users. The building features a commercial ground floor and a second floor configured for office use, consisting of four individual office spaces. The layout offers flexibility for professional, administrative, or business operations, as well as the potential to generate rental income. Based on the owner's estimated rental projections, the four second-floor office spaces may generate approximately $10,000–$12,000 per month in gross rental income at full occupancy, subject to market conditions, permitted use, and lease terms. The ground-floor commercial space offers additional flexibility for a variety of potential business uses, subject to applicable zoning and permitted uses. Estimated rental potential is approximately $10,000–$12,000 per month, depending on the tenant, lease structure, and negotiated terms. Combined projected gross rental income may reach approximately $20,000–$24,000 per month at full occupancy. The seller is willing to deliver the property vacant at closing, allowing the new owner the flexibility to occupy, lease, reposition, or maximize the property's income-producing potential. A versatile commercial property offering space, flexibility, and attractive investment potential in a prime Jamaica location.
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Ductless
Utilities Electricity Connected
Zoning R5D
Construction Materials Brick
Year Built 1963
Electric 120/240 Volts
Property Subtype Mixed Use
Tax Year 2026
Parcel Number 12141-0003
Business Type Commercial
County Queens
Property Type Commercial Sale
High School Hillcrest High School
City New York
High School District Queens 28
Elementary School DAVID N DINKINS SCHOOL (grades PK-5)
Property Attached Y/N N
Tax Annual Amount 64774.8
Middle/Junior High School Emerson School (The)
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 28
Elementary School District Queens 28
Tax Assessed Value 650250
Tax Lot 3
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ExteriorWater Source Public
Building Area Total 9238
Waterfront Y/N N
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* Excluded FeaturesList ByChris Ramnarain CBRListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $22,447
- Monthly Property Taxes
- $5,398
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Jamaica, NY
Average List Price $2,548,547
Percent of Sale Price 22%
About Jamaica, NY 231,051 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892296 Elementary School
4099916 Middle School
Hillcrest High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/5/2026 | $3,250,000 | | Listed Price |