Listing Notes
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 (10 rent-stabilized 2 free market) 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.
Price in context
Cheaper than 0% of the 10 homes listed nearby right now, which run $2,199,999 to $3,688,000.
See all 10 nearby listings
| Address | Asking | Size |
|---|---|---|
| 21025 33rd Ave | $2,199,999 | 5 bd · 4 ba |
| 4324 215th St | $2,200,000 | 5 bd · 6 ba |
| 4324 215th St | $2,200,000 | 5 bd · 6 ba |
| 3802 211th St | $2,288,000 | 4 bd · 4 ba |
| 3824 215th St | $2,290,000 | 6 bd · 5 ba |
| 4520 211th St | $2,380,000 | Studio |
| 37-02 Francis Lewis Blvd Unit 3 | $2,488,000 | 8 bd · 7 ba |
| 37-08 Francis Lewis Blvd | $2,588,000 | 8 bd · 7 ba |
| 37-12 Francis Lewis Blvd | $2,688,000 | 8 bd · 7 ba |
| 196-43 45th Rd | $2,890,000 | 8 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more