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MLS ID KEY1034363Last updated Oct 15, 2026

Quadruplex

121-19 Sutphin Boulevard

Active · Queens, NY 11434

Asking price$1,290,000Request a Showing
Bedrooms
7 Beds
Bathrooms
4 Baths
Year built
1931
Est. monthly taxes
$1,007
Property gallery1 / 40
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About this home

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.**

Listing snapshot

Days on site
59 days
Listed on MLS
Aug 3, 2026
Full baths
4
Annual property tax (MLS)
$12,084
Tax year
2025
Listing brokerage
Voro LLC
MLS ID
KEY1034363
Last updated
Oct 15, 2026

General features

Property type
Quadruplex
Year built
1931
Garage
No
Parking
Alley Access
Water source
Public
Sewer
Public Sewer
Utilities
Natural Gas Available

Interior features

Basement
Full, Storage Space
Heating
Baseboard, Other
Cooling
Wall/Window Unit(s)
Interior
High Ceilings, Other

Exterior features

Construction materials
Brick
Private pool
No

Schools (MLS)

Elementary school
Ps 110
Elementary school district
Queens 24
Middle school
Jhs 216 George J Ryan
Middle school district
Queens 26
High school
John Bowne High School
High school district
Queens 25

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11434Show interactive map
121-19 Sutphin Boulevard

Queens, NY 11434

Google Maps directions

Listing data is supplied by the MLS and may change without notice.