214-14 214th (36th Ave) Bayside, NY $ 2,500,000
214-14 214th (36th Ave)
$ 2,500,000
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214-14 214th (36th Ave)

Bayside, NY, 11361
$ 2,500,000
Baths0.0 Sq 10,000

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in Bayside, NY

for $2,500,000. This 10,000 square foot building was built in 1932 on a lot size of 0.23.

Calling All Investors, Developers, & End-Users!!! Unique 10,000 Sqft. Corner Development Site In Bayside For Sale Asking Only $2.55m-$2.95m!!! The Property Features Excellent Signage, Great Exposure, Strong R3X Zoning, 20 Parking Spaces, High 12' Ceilings, Separate Meters, Low Property Taxes, Full Basement, Separate Entrances, Gated Lot, Yard, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bayside On A HUGE 10,000 Sqft. Lot Just 5 Blocks From The LIRR & 3 Blocks From Bell Blvd.!!! The Property Is Situated In Between Northern Blvd., The Cross Island Parkway & Clearview Expressway!!! Neighbors Include Starbucks, UPS, Stop & Shop, CubeSmart Self Storage, Dunkin', Sephora, Staples, Five, Guys, Outback Steakhouse, Panera Bread, Walgreens, Duane Reade, Powerhouse Gym, Dollar Tree, Domino's, Taco Bell, McDonald's, Baskin-Robbins, Wendy's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (800 Sqft; 1 Br. Apt.): $34,200 Ann. (Available) Unit 2 (1,500 Sqft.; 1 Br. Apt.): $23,400 Ann.; Lease Exp.: 1/1/25. Has Upstairs Loft That Could Be Turned Into 2 Additional Bedrooms. Unit 3 (800 Sqft.; 2 Br. Apt.): $23,220 Ann.; Lease Exp.: 2/1/24. Unit 4 (800 Sqft.; 1 Br. Apt.): $43,800 Ann.; Has 700 Sqft. Attic That Can Be Turned Into An Additional Bedroom. (Available) Unit 5 (1,800 Sqft.; 2 Br. Apt.): $55,800 Ann. (Available) Unit 6 (1,000 Sqft.; 2 Br. Apt.): $31,800 Ann. M-M. Pro Forma Gross Income: $212,220 Ann. Expenses: Oil : $9,823 Ann. Electric: $480 Ann. (Porch Lights Only) Water + Sewer: $2,300 Ann. Insurance: $8,167 Ann. Maintenance & Repairs: $650 Ann. Taxes: $34,899.28 Ann. 658 Total Expenses: $56,319.28 Ann. Net Operating Income (NOI): $155,901 Ann.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,899

Style

Lot Size

0.23

Year Built

1932

Town/City

Bayside

County/Region

Queens

MLS | Web ID

3514995

List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$19,524
Per Month
85%
15%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$2,908
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,500,000 -15.25% Price Down
4/4/2024$2,950,000 -7.81% Price Down
2/9/2024$3,200,000 -8.57% Price Down
1/19/2024$3,500,000 -5.41% Price Down
11/30/2023$3,700,000 -12.94% Price Down
11/6/2023$4,250,000 Listed Price

Map


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214-14 214th (36th Ave), Bayside, NY, 11361 is a Commercial Property for sale at $2,500,000 with 10,000 sqft and a lot size of 0.23. 214-14 214th (36th Ave) is a studio with 0.0 baths and was built in 1932. The property's zip code is 11361 which is in Bayside, NY