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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

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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
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 - -
Walk Score®
Very Walkable (88)
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
06274-0016
Land Assessment
$74,584 CAD
Improvements Assessment
$737,443 CAD
Total Assessment
$812,027 CAD
  • Listing ID: 38385570

  • Date on Market: 2025-11-08

  • Last Updated:

  • Address: 4324 208th St, Bayside, NY 11361

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