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    38-24 213Th St, Unit bayside Bayside, NY 11361

    For Sale
    $6,600,000

    INCREDIBLE MULTI-FAMILY INVESTMENT OPPORTUNITY/ BAYSIDE VILLAGE

    Property size:
    21,753 SF

    Description

    Added:
    Oct 3, 2025
    Days on Market:
    66
    EXTRAORDINARY MULTI-FAMILY INVESTMENT OPPORTUNITY IN THE MUCH SOUGHT AFTER , UPSCALE COMMUNITY OF BAYSIDE VIILAGE/// THIS MULTI-FAMILY, BRICK, DETACHED BUILDING FEATURES 22 APARTMENTS, 15 ONE AND 7 TWO BEDROOM UNITS , WITH A GROSS ANNUAL INCOME OF OVER $400,000/// 100% OCCUPANCY WITH IMMEDIATE INCOME.

    A COMMUTER'S DREAM, ONE BLOCK TO THE BAYSIDE TRAIN STATION///THIS WELL-MAINTAINED RENT STABILIZED BUILDING OFFERS 21,753 SQ FEET OF FLOOR AREA . A LIVE-IN SUPER AND A HUGE BASEMENT THAT CAN BE UTILIZED FOR A LAUNDRY ROOM AND MULTIPLE STORAGE SPACES/// YOUR TENANTS WILL ENJOY THE CONVENIENCE OF SHOPPING ON BELL BLVD AND AT THE BAY TERRACE SHOPPING MALL///

    DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY AS THERE ARE ONLY A FEW MULTI-FAMILY BUILDINGS IN THIS PRIME LOCATION.STABLE-GENERATING INCOME BUILDING!

    Property Features for 38-24 213Th St

    General Information

    Property type
    Multifamily properties
    Investment Type
    owner-user
    Square Feet
    21,753 SF
    Class
    C
    Occupancy
    100%
    Net Operating Income
    $226,400

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    3
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bayside
    State
    New York
    Longitude
    -73.773365159484
    Latitude
    40.7655128

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    FAQs

    What type of property is this?
    Multifamily property - INCREDIBLE MULTI-FAMILY INVESTMENT OPPORTUNITY/ BAYSIDE VILLAGE
    Where is this multifamily property located?
    The property is located at 38-24 213Th St, Unit bayside Bayside, NY.
    What is the asking price?
    The asking price for this property is $6,600,000.
    (646) 644-9567
    Request Owner's contact information
    38-24 213Th St, Unit bayside Bayside, NY 11361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38-24 213Th St, Unit bayside Bayside, NY 11361
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