| MLS # | 1034363 |
| Details | 4 fam, 7 bed, 4 bath, AC, Lot Size: 0.05 acres, 4 Units in the building (DOM): 8 days |
| Construction Year | 1931 |
| Taxes (per year) | $12,084 |
| Air Conditioning | Wall Unit AC |
| Basement | Full basement |
| Bus | 1 min: Q06 |
| 5 min: Q07 | |
| 7 min: Q111, Q113, Q40 | |
| LIRR | 1.3 miles: "Locust Manor" |
| 1.6 miles: "St. Albans" | |
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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.**
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Voro LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.







