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$ 10,988,000
Est. payment /mo
Active
210-08/12 Northern BLVD Bayside, NY 11361
0.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 914883
Rental Info No
Annual Tax Amount $152,686
Lot Size 0.344 Acres
Acres 0.344
Property Sub-Type Office
Source onekey2
Property Description
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 (6.36% Cap!) 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.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Hot Air, Other
Cooling Central Air
Fireplace No
Exterior
Parking Features Garage, Underground
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Total Parking Spaces 17
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Others
Special Listing Condition None
Listed by Keller Williams Rlty Landmark • Nicholas Zestanakis
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