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    The Largest CRE Database in the US with Over 1 Million Listings

    17-11 201St St Bayside, NY 11360

    Sponsored
    For Sale
    Pending
    $2,599,500

    MULTI_FAMILY - Bayside, NY

    Lot size:
    0.11 Acres
    Days on Market:
    44
    Last Refresh:
    Jan 22 at 8:50 pm

    Property Features for 17-11 201St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Pending
    Window features
    Double Pane Windows
    Rooms
    Bathroom 7, Bedroom 7, Basement, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 3
    Bedrooms
    7
    Bathrooms
    7
    APN
    05783-0062
    Parking
    2
    Basement
    Partially Finished, Partial, Finished
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Number of units
    2
    Flooring type
    Tile - Ceramic, Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Eric Pang

    WINZONE REALTY INC. (718) 899-7000 [email protected]

    Listing agent Eric Pang (516) 996-6881

    Listing date Dec 10, 2025

    MLS# 929611 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Bayside Two-Family Home

    This newly constructed two-family home is situated in one of the best areas of Bayside, one block from Bayside Golf Clubs and within walking distance of Little Bay Park. The spacious home features approximately 2000 square feet on the first floor, a 2000 square foot basement, and nearly 1900 square feet on the second floor. The first floor includes 10-foot ceilings and a double-height contemporary design living room ceiling with direct access to the backyard. The open kitchen features European design cabinets, granite countertops, and a granite countertop island that can accommodate up to 6-8 people. The home is finished with expensive tiles and hardwood floors. The first floor has three large master bedrooms with big closets and a half bath for guests. The second floor offers four larger bedrooms and three full baths with an open dine-in kitchen, front and back balconies, and a laundry room. The full basement provides 2000 square feet of recreation and storage space, beautiful tile flooring, and a full bathroom. Additional features include a washer and dryer, high ceilings with lots of windows, side and rear entrances, architectural design brick exterior with stone blocks surrounding windows, full house spray foam insulation, clay roof design, expensive windows, steel doors, and a 2x6 frame structure. The property also includes a detached garage and a 10-foot driveway. The lot size is approximately 0.1148 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bayside
    County
    Queens
    State
    New York
    Longitude
    -73.792089
    Latitude
    40.782093

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    FAQs

    What type of property is this?
    Duplex - Spacious, newly constructed two-family home near Bayside Golf Clubs.
    Where is this duplex located?
    The property is located at 17-11 201St St Bayside, NY.
    What is the asking price?
    The asking price for this property is $2,599,500.
    What are key features of this property?
    This property features: - Newly constructed two-family home in a desirable Bayside location; - Spacious layout: 2000 sq ft on the 1st floor, ~1900 sq ft on the 2nd floor, and a 2000 sq ft finished basement.; - **First floor features a double-height living room, 10-foot ceilings, and direct access to the backyard.**
    (516) 996-6881
    Request Owner's contact information
    17-11 201St St Bayside, NY 11360
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    Bayside, NY 11360
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17-11 201St St Bayside, NY 11360
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    We can help!
    Listing Contact
    Eric Pang
    (516) 996-6881
    Learn more
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