37-06 37-06 Francis Lewis Blvd - Apartments FOR SALE


Bayside, NY 11361
$2,200,000 USD
917-567-8767
37-06 37-06 Francis Lewis Blvd, Bayside, NY for Sale
$2,200,000 USD
Apartments - FOR SALE
1/26
null | 5.32% Cap Rate

37-06 37-06 Francis Lewis Blvd
Bayside, NY 11361


HIGHLIGHTS

  • Near Crocheron Park

OVERVIEW

Remarkable investment opportunity in the heart of Bayside! Just two blocks from the Long Island Rail Road, this stunning, brand-new three-family residence is perfectly positioned near stores, delightful restaurants, and the vibrant allure of Manhattan. A legal 3 family building with 5 floors, with a total interior space of 3025 sq ft and an expansive 831 sq ft cellar for ample storage and versatility, this property offers exceptional living accommodations. Unit #1 – The first floor features a spacious 1-bedroom duplex with 1.5 baths spanning 1,662 sqft (831 sq ft plus 831 cellar) and a large backyard. Unit #2 On the second floor, a 911 sq ft unit with 3 bedrooms provides ample space for comfortable living with two balconies. Unit #3 The crowning jewel is the third-floor duplex, offering 1280 sqft of living space with high cathedral ceilings and 3 bedrooms, and an extra-large lofty with two balconies and a private terrace. (911 Third Floor +369 sq ft 4th fl Loft) This property offers great returns with proposed high rents and boasts stunning curb appeal, ensuring maximum investment value. With 12-inch thick walls, extra insulation, and double-pane windows, it provides exceptional energy efficiency and a serene living environment. Imagine the endless possibilities and steady stream of rental income from such a prime investment. Don’t miss this unique opportunity to own a piece of Bayside’s finest real estate, where luxury meets convenience and potential meets reality. Secure your future today with this unparalleled investment.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$689 USD /SF

# OF UNITS

3

PRICE/UNIT

$733,333

CAP RATE

5.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R4

APN/PARCEL ID

05321-0020

ASK ABOUT THIS PROPERTY

Luciane SerifovicLuxian International RealtyMore Info
917-567-8767

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Luciane SerifovicLuxian International RealtyMore Info
917-567-8767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.