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37-02 Francis Lewis Blvd Bayside, NY 11361

  • Commercial real estate
  • 3,257 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 37-02 Francis Lewis Blvd

Year built
2024
Property size
3,257 SF
Property type
Commercial real estate

Description

Exceptional investment opportunity in Bayside, NY, presents a brand-new, three-family home, completed in 2024. This legal three-family residence boasts a prime location just two blocks from the Long Island Rail Road, providing easy access to Manhattan and surrounding areas. The property features three units: a spacious duplex (Unit 1) with a private backyard and parking, offering approximately 1,806 square feet of living space (including a 903 sq ft cellar); a 3-bedroom, 1.5-bath unit (Unit 2) with two private balconies, totaling approximately 986 square feet; and a luxurious 3-bedroom duplex penthouse (Unit 3) featuring approximately 1,393 square feet of living space, high cathedral ceilings, two balconies, and a private terrace. All units are currently 100% occupied. The building's construction incorporates energy-efficient features such as 12-inch thick walls, extra insulation, and double-pane windows, promising reduced operating costs and a comfortable living environment. The total square footage is 3,257, spread across three stories. This property offers a compelling combination of location, modern amenities, and strong rental potential, making it an ideal investment for owner-users seeking high returns. The asking price is $2,488,000. Under-construction pricing expires March 1st.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bayside
County
Queens
State
New York
Longitude
-73.7858
Latitude
40.7629
More about this property
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