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Brick Multifamily Building with 22 Units
For Sale
$4,700,000
Pending

38 213th St, Bayside, NY 11361

Brick detached multifamily with 22 rent-stabilized apartments, a live-in super, and basement space for laundry and storage.

Property Size21,753 SF
Days on Market148

Property Features for 38 213th St

General Information

Standard status Pending
Size 21,753 SF
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 22

Building Details

Tenancy Multi
Listing Agency: Yale R Tockerman
Listed By: Yale R. Tockerman
Source: Exprealty
Added: Mar 16 Changed: Jul 10 Last Checked: Aug 9 at 9:37AM

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 Yale R Tockerman

Investment Insights

Based on property information with market context.

This brick, detached multifamily building contains 22 apartments, including 15 one-bedroom units and 7 two-bedroom units. The property is described as well-maintained and fully occupied, and it is identified as a rent-stabilized building. Total floor area is reported as 21,753 square feet. The building also includes a live-in super and a large basement that can be used for a laundry room and multiple storage spaces.

The property is located in Bayside and is described as being approximately one block from the Bayside train station. The remarks also note tenant convenience for shopping along Bell Blvd and at Bay Terrace Shopping Mall.

For buyers seeking a turn-key residential income asset, this offering presents a defined unit mix across one- and two-bedroom apartments within a single building. The presence of a live-in super and dedicated basement space for laundry and storage are practical amenities for day-to-day building operations. The property is presented in the remarks as having gross annual income over $450,000 and 100% occupancy at the time of listing.

Key Highlights

  • Brick detached multifamily with 22 apartments in Bayside Village
  • 15 one‑bedroom and 7 two‑bedroom units, all rent‑stabilized
  • Gross annual income over $450,000 with 100% occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Auto Repair Shop Big Box & Wholesale Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,832
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick detached multifamily with 22 rent-stabilized apartments, a live-in super, and basement space for laundry and storage.
Where is this apartment building located?
The property is located at 38 213th St Bayside, NY.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Brick detached multifamily with 22 apartments in Bayside Village; 15 one‑bedroom and 7 two‑bedroom units, all rent‑stabilized; Gross annual income over $450,000 with 100% occupancy
More about this property
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