121-19 Sutphin Boulevard, Jamaica, NY 11434 - Photo 1

1/1

$515,000

Sold
Closed
Commercial

1/1

Property Description

Brick Two- Story Mixed Use Building is located on Prime Sutphin Blvd. Pro-forma CAP Rate over 9%. Corner Location. Three Large Residential Units plus Commercial Unit with High Ceiling Height. Very well Maintained and the Commercial Unit will be delivered Vacant. Rents are low so there is plenty of upside potential for Investors. Exceptionally large Basement with High Ceilings. Apartment entrances are all located on 121 Street offering additional privacy for Residential Tenants.

Full Property Details

Full Property Details for 121-19 Sutphin Blvd

General

Sold For: $515,000
Taxes: $12,084
Status: Closed
Type: Commercial
Source: Long_Island
MLS ID: L3435862
Added to Site: 1, 200 day(s) ago

Location

County: Queens
Township: Queens
Cross Streets: 121
Driving Directions: Sutphin Blvd, to 121 Street

Heating & Cooling

Heating Type: Natural Gas, Baseboard

Utilities

Sewer: Public Sewer

Structural Information

Detached/Attached: Detached
Stories/Levels: 2
Stories in Building: 2
Building Size: 3760
Square Feet: 3,760
Sq. Ft. Source: Municipality
Current Bldg. Use: Commercial, Mixed Use, Office, Residential
Year Built: 1931

Lot Features

Lot Size (Acres): 0.05
Lot Size (Sq. Ft.): 2,050
Lot Size Source: Other
Lot Dimensions: 20 x 102.5
Zoning: R5D, C1-3

Financial Considerations

Tax Amount: $12,084

Disclosures and Reports

Property ID: 12216-0001
Block: 12216
Lot Number: 1

Listed by Charles Rutenberg Realty Inc and Cato Realty Inc
Sold by Charles Rutenberg Realty Inc

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Listing agents

— 121-19 Sutphin Blvd —

Charles Rutenberg Realty Inc
Cato Realty Inc

516-639-0021

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NMLS#: 1598647

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Schools

Schools serving 121-19 Sutphin Blvd

School District:New York City Geographic School District 27

Name	Grades	Distance
Ps 223 Lyndon B Johnson 125-20 Sutphin Blvd, Queens, NY 11436	PK-5	0.2 mi
Jhs 226 Virgil I Grisson 121-10 Rockaway Blvd, Queens, NY 11420	6-8	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 121-19 Sutphin Blvd

Date

Details

Price

Change

Source

7/31/2024

Sold

$515,000

-48.24%

MLS

11/21/2022

Price Reduced

$995,000

-16.74%

MLS

10/08/2022

Listed

$1,195,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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121-19 Sutphin Boulevard, Jamaica, NY 11434 (MLS# L3435862) is a Commercial property that was sold at $515,000 on July 31, 2024. Want to learn more about 121-19 Sutphin Boulevard? Do you have questions about finding other Commercial real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

121-19 Sutphin Blvd Jamaica, NY 11434