Rare 3-Family + Storefront Opportunity with Additional Development PotentialExceptional 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 By
Agency Name: Omni Realty Corp
Agency Contact: 718-441-7000
Shown By
Agent Name: TEAM MAE
Agent Phone: (631) 872-7553
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,592.51 per month $5,797.67 Principal & Interest $401.08 Property Tax $393.75 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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11663 Sutphin Boulevard | MLS# 1051317
This multi-family property located at 11663 Sutphin Boulevard , Jamaica, NY 11434 is currently listed for sale with an asking price of $1,350,000. Sutphin Boulevard is located within the Queens 28 school district. Search Jamaica real estate on www.teammae.com today.