10937 Sutphin Boulevard
New York, NY 11435

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$3,250,000
Annual Taxes:$64,774.80
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of HOUSESRUS.COM Inc

Renovated Commercial Building Prime Jamaica Location Delivered Vacant Excellent opportunity to own a renovated two story commercial property in the heart of Jamaica, Queens.

Description

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.

Amenities

  • Electricity Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.