Elizabeth Kamar
210-08/12 Northern Boulevard, Bayside, NY, 11361
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.
Status:
Active
Type:
Commercial
Units:
11
Heating:
Hot Air, Other
Cooling:
Central Air
Basement:
Finished
Parking:
17-car, Garage, Underground
Acreage:
0.34
Est. Taxes:
$152,686
Construction
Other
Utilities
Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Days on Market:
143
MLS #:
914883
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Keller Williams Rlty Landmark 718-475-2700