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43-24 208th Street 4324 208th St 12 Unit Apartment Building $5,145,498 CAD ($428,791 CAD/Unit) 3.53% Cap Rate Bayside, NY 11361



EXECUTIVE SUMMARY
Welcome to a rare and exceptional investment opportunity in one of the most desirable areas of Bayside. This classic Tudor-style brick garden complex features 12 (10 rent-stabilized 2 free-market)one-bedroom, one-bath units—fully leased to busy professionals who appreciate the convenience of excellent transportation options and proximity to Bayside’s vibrant shopping and dining scene. Situated on an 80x100 lot, the property offers nearly 10,000 square feet of living space and generates a gross annual income of over $260,000. Recent upgrades include new roof and electrical system. Located near Bell Boulevard and Northern Boulevard, residents enjoy easy access to a wide array of shops, restaurants, and supermarkets. The complex is within walking distance of the Bayside LIRR station and close to several major bus routes, including the QM3 express and Q12, Q13, and Q31 lines. Located in a top-rated school district, it’s just a short walk to the highly regarded PS 31 and MS 158. Easy to attract qualified tenants. Can't miss investment.
PROPERTY FACTS
| Price | $5,145,498 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $428,791 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 3.53% | Building Size | 9,815 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1932 |
| Zoning | R2A - Residential Zoning | ||
| Price | $5,145,498 CAD |
| Price Per Unit | $428,791 CAD |
| Sale Type | Investment |
| Cap Rate | 3.53% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 9,815 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1932 |
| Zoning | R2A - Residential Zoning |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 06274-0016 | Improvements Assessment | $737,443 CAD |
| Land Assessment | $74,584 CAD | Total Assessment | $812,027 CAD |
PROPERTY TAXES
Parcel Number
06274-0016
Land Assessment
$74,584 CAD
Improvements Assessment
$737,443 CAD
Total Assessment
$812,027 CAD
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Presented by
AAA Young Shuen Realty Inc.
43-24 208th Street | 4324 208th St
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