Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Development Plans Title is generated by Realmo AI

    43 214th Pl, Bayside, NY 11360

    View on Map
    Claim this Listing
    For Sale
    $1,880,000

    Renovated mixed-use building with approved plans for expansion.

    Added:
    Jan 16, 2026
    Days on Market:
    138
    Last Refresh:
    May 28 at 12:31 am

    Property Features for 43 214th Pl

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Rosa Chung

    Listing agent Rosa Chung

    Listing office Apple Realty Group Corp

    Listing date Jan 16, 2026

    Source Exprealty

    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 Apple Realty Group Corp

    HighLights

    • Mixed‑use zoning with air rights and approved plans for an 8‑unit, 4‑story building with a basement.
    • Prime Bayside location, less than one block from Northern Blvd and Bell Blvd, offering convenient access to shopping and dining.
    • Move‑in ready, renovated mixed‑use building with new floors and finishes.
    • Proximity to LIRR, local and express public transportation, and major highways for easy access to Manhattan and Long Island.
    • Features three large bedrooms, two full bathrooms, and flexible office/leisure space.
    • Includes a private driveway, backyard, multiple entrances, and a brand new gas boiler.

    Overview

    This renovated mixed-use building is located in Bayside, Queens, within one block of Northern Boulevard and Bell Boulevard. The property is zoned R6B/C1-2 and includes air rights. It is being sold with approved plans for an 8-unit, 4-story building with a basement. The existing legal mixed-use building features new floors and finishes throughout. It includes three large bedrooms, two full bathrooms, and a leisure area currently used as office space. The property also has a private driveway and backyard, multiple entrances, and a new gas boiler. The location provides convenient access to shopping and dining options, the LIRR, local and express public transportation, and major highways to Manhattan and Long Island. This property represents an investment opportunity in a prime location.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare 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
    -73.773307
    Latitude
    40.776858

    Nearby Similar for Sale

    • $1,890,000
      3,250 SF

      Spacious Bayside Two-Family Residence

      Large two-family home in Bayside's sought-after 'Athletic Field' neighborhood.
      203-55 27th Avenue, Bayside, NY 11360
      View Details
    • $1,690,000
      2,937 SF

      Bayside Multi-Family House For Sale

      Large semi-detached two-family house in the heart of Bayside.
      57-02 226th Street, Bayside, NY 11364
      View Details
    • $1,960,000
      4,616 SF

      Spacious Bayside Two-Family Home

      Large two-family house in Bayside, rebuilt in 2008.
      21544 23rd Road, Bayside, NY 11360
      View Details
    • $1,058,000
      400 SF

      Bayside Multi-Family with Garage

      Semi-detached two-dwelling property with garage and private driveway.
      32-50 201st Street, Bayside, NY 11361
      View Details
    • $2,588,000
      3,383 SF

      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
    • $1,498,000
      3,300 SF

      Renovated Bayside Two-Family Home

      Turn-key, renovated 2-family in prime Bayside location.
      40-27 216th Street, Bayside, NY 11361
      View Details
    • $255,888

      Restaurant Space in Bayside, NY

      Restaurant space in Bayside's vibrant business district.
      4017 Bell Boulevard, Bayside, NY 11361
      View Details
    • $1,225,000

      Bayside Two-Family Home For Sale

      Two-family home in Bayside, near transportation and amenities.
      210-17 42nd Avenue, Bayside, NY 11361
      View Details
    • $350,000

      Bayside Medical Office For Sale

      Ground-floor medical office in Bayside, suitable for various professional uses.
      23-35 Bell Boulevard, Bayside, NY 11360
      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
    • $1,399,000

      Bayside Brick Two-Family Home

      Two-family home in prime Bayside location near park and LIRR.
      21606 38th Avenue, Bayside, NY 11361
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use building with approved plans for expansion.
    Where is this mixed-use property located?
    The property is located at 43 214th Pl Bayside, NY.
    What is the asking price?
    The asking price for this property is $1,880,000.
    What are key features of this property?
    This property features: Mixed‑use zoning with air rights and approved plans for an 8‑unit, 4‑story building with a basement.; Prime Bayside location, less than one block from Northern Blvd and Bell Blvd, offering convenient access to shopping and dining.; Move‑in ready, renovated mixed‑use building with new floors and finishes.
    (917) 722-0225
    We can help!
    Listing Contact
    Rosa Chung
    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

    Thank You for Inquiry
    43 214th Pl, Bayside, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!