97-15 Sutphin Boulevard

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97-15 Sutphin Boulevard

Jamaica, NY 11435
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

97-15 Sutphin Boulevard, Jamaica, NY 11435 <ul><li>​Prime location along Sutphin Boulevard</li><li>​Approximately 46,000 buildable square feet in the newly rezoned Jamaica Neighborhood</li><li>​Mixed-use zoning providing optionality for developers</li><li>​Short distance to the LIRR and Jamaica Subway Station</li><li>​Strong residential location and retail convenience for future tenancy</li><li>​Many new development projects in Jamaica demonstrating positive sentiment for growth</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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