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For Sale

$1,350,000

35 days on market

11663 Sutphin Boulevard

Jamaica, NY 11434

· 8% down, 7% APR, 30yr fixed

5

Beds

3

Baths

—

Square feet

1931

Built

Listing narrative

Description

Rare 3-Family + Storefront Opportunity with Additional Development Potential Exceptional opportunity to acquire a versatile 3-family property with a storefront and an additional vacant lot directly behind the building included in the sale. The property offers an attractive combination of existing income-producing space and additional land, creating potential for investors, developers, and owner-users seeking long-term upside. The three-family building provides residential income potential, while the storefront offers valuable commercial space along Sutphin Blvd. The real opportunity is the additional rear lot. The vacant parcel is included in the sale and provides the potential to explore future development, expansion, or other permitted uses, subject to zoning, lot configuration, approvals, and applicable NYC regulations. This additional land creates flexibility and potential that is not typically available with a standard 3-family property. Whether you're looking to maximize existing rental income, occupy the commercial space, or investigate the development possibilities of the additional lot, this property presents a unique opportunity to acquire both an established building and valuable additional land in one transaction.

Listing agent (MLS): Nurul Huda · Listing brokerage (MLS): Omni Realty Corp

Property Details

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Price

$1,350,000

Beds

5 bd

Type

Multi-Family

Home Size

Sqft n/a

Baths

3

Lot Size

2,348 sqft

Year

1931

Status

For Sale

Days on Market

35

· 8% down, 7% APR, 30yr fixed
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Courtesy of Omni Realty Corp