40-27 216th Street, Bayside, NY 11361
- Added:
- Mar 23, 2026
- Days on Market:
- 82
- Last Refresh:
- Jun 12 at 10:06 pm
Property Features for 40-27 216th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Basement, Bathroom 2, Bathroom 4
- Parking features
- Garage, Driveway
- Interior features
- Eat-in Kitchen
- Basement
- Finished
- Standard status
- Pending
- APN
- 06304-0027
- Size
- 3,300 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13027
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Maureen Ramsbottom (718) 767-8200
Listing office Maureen Folan R E Group LLC 17224 46th Ave, Flushing, NY (718) 767-8200
Listing date Mar 23, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated units featuring new floors, roof, electric, and boiler.
- Prime Bayside location, convenient to Bell Blvd shops, dining, and Bayside LIRR.
- Two‑family brick building, ideal for end‑user or investor.
- Finished basement with separate entrance.
- Oversized 1‑car garage.
- Four bedrooms and 4.5 baths.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.5k | $46.20 |
| − Vacancy | −$5.8k | −$1.76 |
| EGI | $146.7k | $44.44 |
| − OpEx | −$66.0k | −$20.00 |
| NOI | $80.7k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bayside
- County
- Queens
- State
- New York
- Longitude
- -73.76641
- Latitude
- 40.764191
