Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3806 Bell Blvd Bayside, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Long-term ground lease with strong income and redevelopment potential.

    Type:OFFICE
    Property size:
    14,283 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $206/SF
    Added:
    Nov 25, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 3806 Bell Blvd

    General Information

    Standard status
    Active
    Size
    14,283 SF
    Lot size
    0.35 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Victor Sun

    Listing agent Victor Sun

    Listing office B6 Real Estate Advisors

    Listing date Nov 25, 2025

    Source Moodyscre

    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 B6 Real Estate Advisors

    Overview

    Bayside Commercial Property For Sale

    This commercial property in Bayside features a long-term ground lease with 40 years remaining. The property offers a strong in-place income stream. The building has an efficient two-story layout. The zoning allows for redevelopment, presenting an upside for future development. Additional income is generated from parking spaces. The property is situated in a prime location within Bayside. The property size is 14283 square feet and can be used as office buildings, office properties and spaces, parking lots and garages, automotive properties, and retail properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayside
    County
    Queens
    State
    New York
    Longitude
    -73.7727
    Latitude
    40.7661

    Nearby Similar for Sale

    • $10,988,000

      Modern Commercial Portfolio on Northern Boulevard

      Three-building commercial portfolio with high visibility and upside potential.
      210-08/12 Northern Boulevard, Bayside, NY 11361
      View Details
    • $1,450,000

      Rare Bayside Four-Family Brick House

      Rare four-family brick house in central Bayside, near Northern Blvd.
      45-36 220th Place, Bayside, NY 11361
      View Details
    • $1,538,888

      Bayside Two-Family Brick Home

      Well-maintained two-family home in the heart of Bayside.
      210-08 41st Avenue, Bayside, NY 11361
      View Details
    • $2,190,000

      Bayside Two-Family Home For Sale

      Two-family home in Bayside, rebuilt in 2017, near LIRR.
      39-12 215TH Place, Bayside, NY 11361
      View Details
    • $1,280,000

      Bayside Legal Two-Family Home

      Legal 2-family in Bayside, walk to LIRR, move-in ready.
      209-20 43rd Avenue, Bayside, NY 11361
      View Details
    • $2,090,000

      Bayside Two-Dwelling House For Sale

      Two-dwelling house in Bayside's top-rated School District 26.
      38-19 214th Place, Bayside, NY 11361
      View Details
    • $2,600,000

      Luxury Bayside Multifamily Brick House

      Renovated Bayside multifamily property near Bell Blvd and LIRR.
      213-58 35TH Avenue, Bayside, NY 11361
      View Details
    • $1,628,000

      Bayside Legal Two-Family Home

      Well-maintained two-family with triplex, rental unit, garages, near amenities.
      21540 23rd Avenue, Bayside, NY 11360
      View Details
    • $1,988,000

      Spacious Two-Family Home, Bayside

      Detached, rebuilt two-family home in North Bayside.
      208-04 35th Avenue, Bayside, NY 11361
      View Details
    • $2,588,000

      New Bayside Three-Family Residence

      New three-family residence near LIRR, stores, restaurants, and Manhattan.
      37-08 Francis Lewis Boulevard, Bayside, NY 11361
      View Details
    • $998,000

      Two-Family Townhouse in Bayside

      Two-family townhouse in Oakland Gardens, Bayside, offering income potential.
      5840 206th Street, Bayside, NY 11364
      View Details
    • $1,498,000

      Renovated Bayside Two-Family Home

      Turn-key, renovated 2-family in prime Bayside location.
      40-27 216th Street, Bayside, NY 11361
      View Details

    FAQs

    What type of property is this?
    Office building - Long-term ground lease with strong income and redevelopment potential.
    Where is this office building located?
    The property is located at 3806 Bell Blvd Bayside, NY.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Prime bayside location; Long‑term ground lease - **40 years remaining**; Strong in‑place income
    (212) 473-2600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Victor Sun
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!