214-25 42nd Avenue Bayside, NY 11361

Building Details

Year Built

2008

Listing agency Promise Realty LLC d***@gmail.com Show Phone

Listed by David Kim · License #10401328546 Show Phone

Source Cohenandcohenrealty

Added: Sep 25, 2024 Updated: Jul 22 at 8:40AM Checked: Jul 22 at 8:40AM

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Investment Insights

Based on property information with market context.

This well-maintained office building offers a complete office improvement with 100% occupancy indicated and a 5,000-square-foot basement. The ground floor and basement together provide 75 parking spaces.

The property is positioned in a high-foot-traffic area on Bell Blvd, with the LIRR located about a block away.

For underwriting context, the data provided shows zoning of C8-1 and gross income of $840,000 with expenses of $170,000, resulting in an NOI of $670,000. Additional information indicates office percentage of 100% and a vacancy percentage of 0.

Key Highlights

• Well‑maintained office building built in 2008
• 5,000 SF basement plus ground‑floor space
• 75 parking spaces serving the ground floor and basement

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FAQs

What type of property is this?

Office building - Well-maintained office building with 5,000-sf basement and 75 parking spaces serving the ground floor.

Where is this office building located?

The property is located at 214-25 42nd Avenue Bayside, NY.

What is the asking price?

The asking price for this property is $12,990,000.

What are key features of this property?

This property features: Well‑maintained office building built in 2008; 5,000 SF basement plus ground‑floor space; 75 parking spaces serving the ground floor and basement