Bayside, NY 11361,214-14 214th (36th Ave)
Bayside, NY 11361,214-14 214th (36th Ave)
Bayside, NY 11361,214-14 214th (36th Ave)
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$2,150,000
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Pending

214-14 214th (36th Ave) Bayside, NY 11361

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UPDATED:

12/04/2024 10:11 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYL3514995

Originating Board onekey2

Rental Info No

Year Built 1932

Annual Tax Amount $34,899

Lot Dimensions 100x100

Property Description

Calling All Investors, Developers, & End-Users!!! Unique 10,000 Sqft. Corner Development Site In Bayside For Sale Asking Only $2.55m-$2.95m!!! The Property Features Excellent Signage, Great Exposure, Strong R3X Zoning, 20 Parking Spaces, High 12' Ceilings, Separate Meters, Low Property Taxes, Full Basement, Separate Entrances, Gated Lot, Yard, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Bayside On A HUGE 10,000 Sqft. Lot Just 5 Blocks From The LIRR & 3 Blocks From Bell Blvd.!!! The Property Is Situated In Between Northern Blvd., The Cross Island Parkway & Clearview Expressway!!! Neighbors Include Starbucks, UPS, Stop & Shop, CubeSmart Self Storage, Dunkin', Sephora, Staples, Five, Guys, Outback Steakhouse, Panera Bread, Walgreens, Duane Reade, Powerhouse Gym, Dollar Tree, Domino's, Taco Bell, McDonald's, Baskin-Robbins, Wendy's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (800 Sqft; 1 Br. Apt.): $34,200 Ann. (Available) Unit 2 (1,500 Sqft.; 1 Br. Apt.): $23,400 Ann.; Lease Exp.: 1/1/25. Has Upstairs Loft That Could Be Turned Into 2 Additional Bedrooms. Unit 3 (800 Sqft.; 2 Br. Apt.): $23,220 Ann.; Lease Exp.: 2/1/24. Unit 4 (800 Sqft.; 1 Br. Apt.): $43,800 Ann.; Has 700 Sqft. Attic That Can Be Turned Into An Additional Bedroom. (Available) Unit 5 (1,800 Sqft.; 2 Br. Apt.): $55,800 Ann. (Available) Unit 6 (1,000 Sqft.; 2 Br. Apt.): $31,800 Ann. M-M. Pro Forma Gross Income: $212,220 Ann. Expenses: Oil : $9,823 Ann. Electric: $480 Ann. (Porch Lights Only) Water + Sewer: $2,300 Ann. Insurance: $8,167 Ann. Maintenance & Repairs: $650 Ann. Taxes: $34,899.28 Ann. 658 Total Expenses: $56,319.28 Ann. Net Operating Income (NOI): $155,901 Ann.

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Total Parking Spaces 26

Private Pool No

Building

Story 3

Others

Special Listing Condition None


Listed by All Island Estates Realty Corp

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Colleen Fox

Agent | License ID: 10401287256

+1(718) 909-5787

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214-14 214th (36th Ave)