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214-25 42nd Ave 21,500 SF 59% Leased Office Building Bayside, NY 11361 $18,133,001 CAD ($843.40 CAD/SF) 5.16% Cap Rate

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EXECUTIVE SUMMARY

Welcome! All investors, Developers and End-Users. Bayside most prime Location, Very-high Foot traffic on Bell Blvd. A block away from LIRR. Rare Opportunity to purchase in this area. Well-maintained. Basement is 5,000 Sq ft. Ground floor and basements are 75 Parking spaces. Zoning is C8-1 Gross income $840,000 / Exp $170,000. NOI $670,000

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
21,500 SF
Building Class
B
Year Built
2010
Price
$18,133,001 CAD
Price Per SF
$843.40 CAD
Cap Rate
5.16%
NOI
$935,266 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,500 SF
Slab To Slab
10’
Building FAR
2.35
Lot Size
0.21 AC
Zoning
C8-1 - C8- Commercial/manufacturing. Heavy commercial services that often require large amounts of land.
Parking
75 Spaces (2.71 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Conferencing Facility
  • Metro/Subway
  • Security System
  • Signage
  • Kitchen
  • Reception
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Secure Storage
  • Hardwood Floors
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor
  • 2,800 SF
  • Office
  • Full Build-Out
  • Now
  • 4th Floor
  • 6,000 SF
  • Office
  • Full Build-Out
  • Now

6000 sf of open face comes with a 1500 sf balcony. 4th floor elevated building

Space Size Space Use Condition Available
2nd Floor 2,800 SF Office Full Build-Out Now
4th Floor 6,000 SF Office Full Build-Out Now

2nd Floor

Size
2,800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
6,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size 6,000 SF
Space Use Office
Condition Full Build-Out
Available Now

6000 sf of open face comes with a 1500 sf balcony. 4th floor elevated building

Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06290-0057
Land Assessment
$433,036 CAD
Improvements Assessment
$1,824,973 CAD
Total Assessment
$2,258,009 CAD
  • Listing ID: 35238843

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 214-25 42nd Ave, Bayside, NY 11361

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