97-01 Sutphin Boulevard, Jamaica, Ny 11435
Mixed-Use Development Site for Sale or Lease
Asking Price: $6,200,000
Asking Rent: $40/SF
The subject is an assemblage of four adjacent tax lots currently occupied by a two story commercial structure. The property features a 10-spot parking lot and benefits from its high-traffic location at the intersection of 97th Avenue and Sutphin Boulevard. As is, the property can produce a projected gross income of approximately $360,000. In addittion to 10 commercial units, the property offers 50,055 buildable square feet for mixed-use development. Immediately north of the subject property is the Jamaica Archer Avenue - Sutphin Boulevard Station, a major transit and commercial hub serving the E, J & Z subway lines, the Long Island Rail Road and the JFK Airtrain. The property is also available for lease.
For more information, contact Evan Daniel at (718) 451-8811 or at evan@modernspacesnyc.com.