Bayside Legal 5-Unit Building

39-10 201 Street, Bayside, NY 11361

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For Sale

$1,595,000

Fully occupied 5-unit building in Bayside, Queens near LIRR.

Type:Commercial/Industrial

HighLights

Fully occupied legal 5‑unit building.
Significant upward income potential with untapped rent increases and garage/parking income.
Located in Bayside, Queens, close to LIRR Auburndale station and other amenities.
Many renovations throughout the building.
Great investment opportunity or live‑in option.
Located on a dead‑end street.

We can help!

Listing Contact

Kevin Y. Kim

For Sale

$1,595,000

Fully occupied 5-unit building in Bayside, Queens near LIRR.

Type:Commercial/Industrial

Added:: Jan 14, 2025
Days on Market:: 523
Last Refresh:: May 19 at 11:41 pm

Property Features for 39-10 201 Street

General Information

Standard status: Active
Property subtype: Commercial/Industrial

Building Details

Year Built: 1931

We can help!

Listing Contact

Kevin Y. Kim

Listing agent Kevin Y. Kim License #40KI1181664

Listing office Douglas Elliman Real Estate

Listing date Jan 14, 2025

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

HighLights

Fully occupied legal 5‑unit building.
Significant upward income potential with untapped rent increases and garage/parking income.
Located in Bayside, Queens, close to LIRR Auburndale station and other amenities.
Many renovations throughout the building.
Great investment opportunity or live‑in option.
Located on a dead‑end street.

Overview

This is a fully occupied legal 5-unit building located on a dead-end street in Bayside, Queens. The property is a short distance from the LIRR Auburndale station and close to all amenities. The property offers significant upward income potential. Rents have not been raised for 3 years, and rents for the garage and parking spaces are expected to be about $10,000 annually. There is also room for reduction in operating expenses. Many renovations have been completed throughout the building. The property presents an investment opportunity or a live-in option.

Property Profile Location Intelligence

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Apartment buildings

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Local Demand

City: Bayside
County: Queens
State: New York
Longitude: -73.7928
Latitude: 40.7858

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For sale
Apartment buildings
NY
Bayside
11361
39-10 201 Street

What type of property is this?

Apartment building - Fully occupied 5-unit building in Bayside, Queens near LIRR.

Where is this apartment building located?

The property is located at 39-10 201 Street Bayside, NY.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: Fully occupied legal 5‑unit building.; Significant upward income potential with untapped rent increases and garage/parking income.; Located in Bayside, Queens, close to LIRR Auburndale station and other amenities.