Multifamily
New
For Sale
$1,290,000
2906 200th Street, Bayside, NY 11360
The property is located within School District 26 in Bayside.
Property Size1,600 SF
Price / SF$806.25
Days on Market6
Property Features for 2906 200th Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$8,792
Amenities
Eat-in Kitchen
Formal Dining
Building Details
Building Size
1,600 SF
Year Built
1920
Units
2
Listing Agency:
Graceful Realty LLC
Listed By:
Yat Cheung Lam
(718) 755-8709
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 4:07AM
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 Graceful Realty LLC
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Investment Insights
Based on property information with market context.
Located at 2906 200th Street in Bayside, this multifamily property was built in 1920. Its address is within School District 26.
Key Highlights
- Built in 1920
- Located at 2906 200th Street in Bayside, NY 11360
- Within School District 26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,111
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,220
$782.2K
Cap Rate 7%
$558,729
$558.7K
Cap Rate 9%
$434,567
$434.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$73.9K $46.20/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$71.1K $44.44/SF
− OpEx
−$32.0K −$20.00/SF
NOI
$39.1K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,220
Cap Rate 7%
$558,729
Cap Rate 9%
$434,567
Alternative Uses
Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K
NOI $39,111 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,568 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
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Business Placement
Demographics for 11360, NY
20,039
Population
9,874
Households
2
Avg Household Size
52
Median Age
49%
College-Educated
87%
High-School Grad
1.4 sq mi
ZIP Area
14,314
Density / Sq Mi
$100,250
Median Household Income
$67,810
Median Earnings
$2,329
Median Rent
$692,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property is located within School District 26 in Bayside.
Where is this multifamily property located?
The property is located at 2906 200th Street Bayside, NY.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Built in 1920; Located at 2906 200th Street in Bayside, NY 11360; Within School District 26
