$999,999
3 Bed • 1.5 Bath • 1,264 Sq. Ft.
53-11 251st Place
Little Neck, NY 11362
Listed with Exit Realty Team
$1,290,000
Est. $7,561/moJamaica, NY 11434 · Queens
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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.**
As reported by the listing office; verify enrollment with the district.
Listed with Voro LLC · Eric Santiago · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 24, 2026, 2:07 AM ET. ©2026 One Key MLS.
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Sep 2026
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Computed from 609 active OneKey MLS listings in Jamaica, NY.
$999,999
3 Bed • 1.5 Bath • 1,264 Sq. Ft.
53-11 251st Place
Little Neck, NY 11362
Listed with Exit Realty Team
$1,050,000
3 Bed • 2.5 Bath • 1,332 Sq. Ft.
6849 Groton Street
Forest Hills, NY 11375
Listed with Keller Williams Landmark II
$1,188,888
3 Bed • 1.5 Bath • 1,198 Sq. Ft.
160-29 25th Avenue
Whitestone, NY 11357
Listed with Keller Williams Rlty Landmark