38-24 213th St - Apartments FOR SALE


Bayside, NY 11361
$5,500,000 USD
646-644-9567
38-24 213th St, Bayside, NY for Sale
$5,500,000 USD
Apartments - FOR SALE
1/8
null | 5% Cap Rate

38-24 213th St
Bayside, NY 11361


HIGHLIGHTS

  • Incredible multi-family opportunity in the upscale community of Bayside Village
  • 1 block to LIRR Bayside Station; 22 minutes to Penn Station
  • 100% occupancy; steady income for years to come!

OVERVIEW

Extraordinary multi-family investment opportunity in the much sought-after, upscale community of Bayside Village. This multi-family, brick, detached building features 22 apartments—15 one-bedroom and 6 two-bedroom units—with a gross annual income of over $448,000. A commuter's dream located just one block from the Bayside train station. This well-maintained, rent-stabilized building offers 21,753 square 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 Boulevard 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, generating stable income!

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

22

PRICE/UNIT

$250,000

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

R4

APN/PARCEL ID

06233-0034

ASK ABOUT THIS PROPERTY

Yale TockermanBayside Village RealtyMore Info
646-644-9567

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Yale TockermanBayside Village RealtyMore Info
646-644-9567

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