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.
| MLS # | 1051317 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 59 |
| Listing Provided By | Omni Realty Corp | Nurul Huda |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,520 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.05 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Interior Features | Other |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Open |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 61800 |
| Tax Annual Amount | 4813.8 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11434 |
| School District | Jamaica Gateway To The Sciences |
| Elementary School | Ps 117 J Keld/Briarwood School |
| High School | Jamaica Gateway To The Sciences |
| Listing VS Median (in 11434) | |
Price: $1,350,000 low | high Med: $804,999 sqft: 2,520 low | high Med: 1,280 $ / sqft: $536 low | high Med: $635 On site: 59 low | high Med: 133 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11434 |
| School District | Jamaica Gateway To The Sciences |
| Elementary School | Ps 117 J Keld/Briarwood School |
| High School | Jamaica Gateway To The Sciences |
| Listing VS Median (in 11434) | |
Price: $1,350,000 low | high Med: $804,999 sqft: 2,520 low | high Med: 1,280 $ / sqft: $536 low | high Med: $635 On site: 59 low | high Med: 133 | |