Northern Boulevard Bayside Office FOR SALE


Bayside, NY
$10,988,000 USD
718-475-2700
, Bayside, NY for Sale
$10,988,000 USD
Office - FOR SALE
1/34
null | 5.3% Cap Rate

Northern Boulevard Bayside
Bayside, NY


HIGHLIGHTS

  • Prime Location on Heavily Trafficked Northern Blvd
  • Underground Parking Garage
  • ADA Accessibility
  • 100 Feet Frontage on Northern Blvd
  • Versatile Layouts

OVERVIEW

Rare opportunity to acquire a modern three-building commercial portfolio with 100 feet of prime Northern Boulevard frontage in the heart of Bayside. The package includes 210-12 Northern Blvd, 210-08 Northern Blvd, and 209-45 45th Road, totaling 11 units with 3 vacancies, including a flagship building delivered vacant. The anchor building features approx. 50’ x 100’ dimensions, tall ceilings, basement parking, and strong potential to build up, offering a rare chance for an end-user, medical group, or anchor tenant to establish a high-visibility presence along one of Queens’ most trafficked corridors. Built between 1999 and 2015, the properties offer modern construction, elevator access, efficient layouts, and low-maintenance systems. Two buildings are elevator-equipped, and the portfolio includes a secure underground garage with 12 parking spaces — a major competitive advantage in this market! Current vacancy creates immediate upside. Pro forma gross income of $913,800 and pro forma NOI of $698,861 position this asset for a significant performance lift once stabilized. Strategically located less than ½ mile from the Bayside LIRR, with exceptional visibility, access, and long-term tenant demand, this offering is ideal for investors seeking value-add yield, or owner-users looking to control a trophy Northern Blvd footprint.

ASK ABOUT THIS PROPERTY

Nicholas ZestanakisKeller Williams Realty LandmarkMore Info
718-475-2700

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Nicholas ZestanakisKeller Williams Realty LandmarkMore Info
718-475-2700

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