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$1,290,000
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Property Description
Exceptional Mixed-Use Investment Opportunity in the Heart of Queens One of the best-priced renovated mixed-use investment properties currently available in Queens. A rare opportunity to acquire a vacant, income-producing asset with exceptional cash flow potential. Don't miss this rare opportunity to acquire a renovated, vacant 3,800 SF mixed-use building in a prime Sutphin Blvd location. Featuring (4) renovated units with a total of 7 bedrooms and 4 bathrooms, this turnkey property offers immediate income potential for investors or owner-users alike. The building includes one commercial storefront with excellent visibility on Sutphin Blvd and three renovated residential apartments, all delivered vacant, allowing the new owner to lease at current market rents from day one. Additional highlights include 12-foot ceilings a large finished basement, and strong upside in one of Queens' most active commercial corridors. Based on estimated market rents, the property offers projected gross annual income exceeding $160,000, representing an estimated ~12% capitalization rate at full occupancy. Property Features: * Approximately 3,800 SF * (4) Renovated Units * 7 Bedrooms | 4 Bathrooms * Prime Mixed-Use Building * 12-Foot Ceilings * Large Basement * Vacant * Strong Investment or Owner-User Opportunity Unit Mix: * Unit #1 - Retail Storefront * Unit #2 - Three-Bedroom Apartment * Unit #3 - Two-Bedroom Apartment * Unit #4 - Two-Bedroom Apartment **Seller financing may be available to qualified purchasers with a substantial down payment.** **Buyer's responsibility to verify all information.**
Full Property Details
Full Property Details for 121-19 Sutphin Blvd
General
- Price: $1,290,000
- Taxes: $12,084
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1034363
- Updated: 8/12/2026
- Added to Site: 21 day(s) ago
Interior
- Interior Features: High Ceilings, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Alley Access
Location
- County: Queens
- Cross Streets: 188-05 LINDEN BLVD
School Information
- High School District: Queens 25
- Elementary School: Ps 110
- Middle School: Jhs 216 George J Ryan
- High School: John Bowne High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Storage Space
- Building Size: 3760
- Square Feet: 3,760
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0471
- Lot Size (Sq. Ft.): 2,050
Financial Considerations
- Taxes Include: Sewer, Trash, Water
- Tax Amount: $12,084
Disclosures and Reports
- Special Conditions: None
- Property ID: 12216-0001
Listed by Voro LLC
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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 |
Hawtree Creek Middle School 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 1.4 mi |
Jhs 226 Virgil I Grisson 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
8/12/2026
Price Increased
$1,290,000
17.27%
MLS
8/03/2026
Listed
$1,100,000
115.69%
MLS
7/24/2024
Sold
$510,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121-19 Sutphin Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,863
—
$118,929
—
2025
$14,863
3%
$118,903
-52%
2024
$14,387
8%
$250,200
135%
2023
$13,328
10%
$106,603
-51%
2022
$12,115
8%
$217,350
25%
2021
$11,222
-2%
$173,700
-9%
2020
$11,408
3%
$190,800
-1%
2019
$11,041
7%
$193,680
136%
2018
$10,342
7%
$82,002
8%
2017
$9,663
7%
$75,972
8%
2016
$9,072
—
$70,372
—
2015
$9,064
4%
$70,357
3%
2015
$8,753
12%
$68,092
8%
2013
$7,850
—
$63,079
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121-19 Sutphin Blvd
121-19 Sutphin Boulevard, Jamaica, NY 11434 (MLS# 1034363) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 121-19 Sutphin Boulevard is currently listed for $1,290,000 and was received on August 03, 2026. Want to learn more about 121-19 Sutphin Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

