Fitness Center with Open Floor
For Sale
Contact for pricing
215-05 Northern Boulevard, Bayside, NY 11361
High ceilings, mirrored surfaces, and commercial flooring shape a flexible interior for fitness and other business concepts.
Property Size2,000 SF
Price / SF$4.75
Days on Market15
Property Features for 215-05 Northern Boulevard
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Corner Location
Yes
Amenities
high ceilings
open floor plan
recessed lighting
stone accent walls
mirrored surfaces
commercial flooring
Listing Agency:
Gosen properties
(718) 704-0494
Listed By:
Emmanuel Victor
(718) 598-7374
Source:
Gosenproperties
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 3:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gosen properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Configured as a fitness facility, this 2,000-square-foot storefront has an open interior with high ceilings, recessed lighting, stone accent walls, mirrored surfaces, and commercial flooring. Glass frontage and prominent signage opportunities face the street, while the corner position adds exposure along Northern Boulevard in Bayside.
Street parking is available, with a parking lot nearby. Existing interior features provide a foundation for continued fitness use or adaptation to another business concept, subject to applicable zoning and approvals.
Street parking is available, with a parking lot nearby. Existing interior features provide a foundation for continued fitness use or adaptation to another business concept, subject to applicable zoning and approvals.
Key Highlights
- 2,000‑square‑foot storefront configured as a fitness facility
- Open floor plan with high ceilings, recessed lighting, and commercial flooring
- Mirrored surfaces and stone accent walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,700
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,000
$714.0K
Cap Rate 7%
$510,000
$510.0K
Cap Rate 9%
$396,667
$396.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$60.0K $30.00/SF
− Vacancy
−$9.0K −$4.50/SF
EGI
$51.0K $25.50/SF
− OpEx
−$15.3K −$7.65/SF
NOI
$35.7K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,000
Cap Rate 7%
$510,000
Cap Rate 9%
$396,667
Alternative Uses
Best Use
Retail
$510.0K
$446.3K – $595.0K
NOI $35,700 @ 7.0% cap · market cap 375.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,210 @ 7.0% cap · market cap 1,086.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,676
Businesses Nearby
76k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 36%
Beauty & Spa 6%
Capital One Bank
Shops & Services
16,088 visits/mo
0.4 miles
Starbucks
Dining
13,820 visits/mo
0.4 miles
Bank of America
Shops & Services
12,552 visits/mo
0.3 miles
TD Bank
Shops & Services
7,504 visits/mo
0.5 miles
BP
Shops & Services
5,751 visits/mo
0.3 miles
Demographics for 11361, NY
29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Bayside fitness club — 4809 Bell Blvd, Queens, NY 11364
- MJ Yoga — 201-04 Northern Blvd #2A, Queens, NY 11361
- Lady Life Pilates — 204-08 Northern Blvd 2nd fl, Bayside, NY 11361
- Seaside Serenity — 209-34 Northern Blvd, Queens, NY 11361
- Wholistic Fitness — 192 -23 Station Rd, Flushing, NY 11358
Frequently Asked Questions
What type of property is this?
Fitness center & gym - High ceilings, mirrored surfaces, and commercial flooring shape a flexible interior for fitness and other business concepts.
Where is this fitness center & gym located?
The property is located at 215-05 Northern Boulevard Bayside, NY.
What are key features of this property?
This property features: 2,000‑square‑foot storefront configured as a fitness facility; Open floor plan with high ceilings, recessed lighting, and commercial flooring; Mirrored surfaces and stone accent walls
