4324 208th St - Apartments FOR SALE


Bayside, NY 11361
$3,688,000 USD
917-681-7009
4324 208th St, Bayside, NY for Sale
$3,688,000 USD
Apartments - FOR SALE
1/15
null | 3.53% Cap Rate

4324 208th St
Bayside, NY 11361


OVERVIEW

Welcome to a rare and exceptional investment opportunity in one of the most desirable areas of Bayside. This classic Tudor-style brick garden complex features 12 one-bedroom, one-bath units—fully leased to busy professionals who appreciate the convenience of excellent transportation options and proximity to Bayside’s vibrant shopping and dining scene. Situated on an 80x100 lot, the property offers nearly 10,000 square feet of living space and generates a gross annual income of over $260,000. Recent upgrades include new roof and electrical system. Located near Bell Boulevard and Northern Boulevard, residents enjoy easy access to a wide array of shops, restaurants, and supermarkets. The complex is within walking distance of the Bayside LIRR station and close to several major bus routes, including the QM3 express and Q12, Q13, and Q31 lines. Located in a top-rated school district, it’s just a short walk to the highly regarded PS 31 and MS 158. Easy to attract qualified tenants. Can't miss investment.

FOR SALE DETAILS

PRICE

$3,688,000 USD

PRICE/SF

$376 USD /SF

# OF UNITS

12

PRICE/UNIT

$307,333

CAP RATE

3.53%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

43-24 208th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,015 SF

ZONING

R2A

APN/PARCEL ID

06274-0016

ASK ABOUT THIS PROPERTY

Patty ChenAAA Young Shuen Realty Inc.More Info
917-681-7009

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Patty ChenAAA Young Shuen Realty Inc.More Info
917-681-7009

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