38-24 213th St, BAYSIDE, NY 11361

$4,700,000 List Price
In Contract on 4/24/2026
 
Listing ID 11575347
Property Type Multi-Unit (5+)
Commercial Type MULTIFAMILY, Mid-Rise
County Queens
Township Queens
Neighborhood Bayside
FEMA Flood Map fema.gov/portal
   
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INCREDIBLE MULTI-FAMILY INVESTMENT OPPORTUNITY/ BAYSIDE VILLAGE

EXTRAORDINARY MULTI-FAMILY INVESTMENT OPPORTUNITY IN THE MUCH SOUGHT AFTER , UPSCALE COMMUNITY OF BAYSIDE VIILAGE/// THIS MULTI-FAMILY, BRICK, DETACHED BUILDING FEATURES 22 APARTMENTS, 15 ONE AND 7 TWO BEDROOM UNITS , WITH A GROSS ANNUAL INCOME OF OVER $450,000/// 100% OCCUPANCY. A A COMMUTER'S DREAM, ONE BLOCK TO THE BAYSIDE TRAIN STATION///THIS WELL-MAINTAINED RENT STABILIZED BUILDING OFFERS 21,753 SQ FEET OF FLOOR AREA . A LIVE-IN SUPER AND A HUGE BASEMENT THAT CAN BE UTILIZED FOR A LAUNDRY ROOM AND MULTIPLE STORAGE SPACES/// YOUR TENANTS WILL ENJOY THE CONVENIENCE OF SHOPPING ON BELL BLVD AND AT THE BAY TERRACE SHOPPING MALL/// DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY AS THERE ARE ONLY A FEW MULTI-FAMILY BUILDINGS IN THIS PRIME LOCATION///IMMEDIATE STABLE-GENERATING INCOME!
Commercial Info
  • Yale R. Tockerman (Business Name)
  • 6.00% Cap. Rate
Income/Expenses
  • Gross Income $450,580
  • Net Income $278,490
  • Operating Exp $172,090
  • Insurance Exp $12,484
  • Heat Exp $33,553
  • Electric Exp $2,979
  • Water Exp $13,998
  • Misc Exp $110,448
  • Total Exp $183,462
  • Paid by Landlord: Heat, Water, Insurance
Listed By
Yale Tockerman
TOCKERMAN YALE R
Office: 646-644-9567
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