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    38-24 213Th St Bayside, NY 11361

    For Sale
    $5,500,000

    Multi-Unit (5+) - BAYSIDE, NY

    Days on Market:
    40
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 38-24 213Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    TOCKERMAN YALE R

    Listing agent Yale Tockerman

    Listing date Oct 28, 2025

    MLS# 11575347 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bayside Multi-Family Investment Opportunity

    This multi-family, brick, detached building is located in the upscale community of Bayside Village. It features 22 apartments, including 15 one-bedroom and 7 two-bedroom units, with a gross annual income of over $448,000 and 100% occupancy. The rent-stabilized building offers 21,753 square feet of floor area. A live-in super is present. The large basement offers potential for a laundry room and multiple storage spaces. The property is one block from the Bayside train station. Tenants have convenient access to shopping on Bell Boulevard and at the Bay Terrace Shopping Mall. This is an immediate stable-generating income opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayside
    County
    Queens
    State
    New York
    Longitude
    -73.773351
    Latitude
    40.765476

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    FAQs

    What type of property is this?
    Apartment building - 22-unit building near Bayside train station with stable income.
    Where is this apartment building located?
    The property is located at 38-24 213Th St Bayside, NY.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Gross annual income over $448,000 with 100% occupancy, providing immediate stable income.; - Located in the upscale Bayside Village community, a highly desirable area.; - One block to the Bayside train station, making it a commuter's dream.
    (646) 644-9567
    Request Owner's contact information
    38-24 213Th St Bayside, NY 11361
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    Bayside, NY 11361
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    Realmo Value Estimation

    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.

    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.

    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
    38-24 213Th St Bayside, NY 11361
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