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Listed price in listed location currency (USD).
$15,000,000

0023

MLS® 882159

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $109,906
Days Active 156
Approx. Age 2014
MLS® Number 882159

Property Address: 21515 Northern Blvd, Bayside, NY, 11361-3584

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 30, 700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50, 000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Floor: Register Abstract Company (1, 060 Sqft.): $98, 808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30. Lucia Pizza (1, 200 Sqft.): $75, 398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32. Tiger Schulmann (3, 500 Sqft.): $166, 980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29. 2nd Floor: The Learning Experience (10, 000 Sqft.): $484, 660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35. 3rd Floor: Mark Khandhorov, Esq. (1, 800 Sqft.): $60, 000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28. RJ Capital (2, 000 Sqft.): $150, 000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29. Lend IQ (8, 500 Sqft.): $150, 000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34. Ground Floor: KOH Architecture (700 Sqft.): $30, 000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/26. Mava Law (600 Sqft.): $30, 000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29. Tax Reimbursement: $96, 185.04 Ann. CAM Reimbursement: $23, 155.20 Ann. Expenses: Gas: $0 Ann. Electric: $15, 000 Ann. Water: $3, 900 Ann. Trash: $850 Ann. Insurance: $27, 960 Ann. Maintenance & Repairs: $1, 991.62 Ann. Taxes: $109, 906.16 Ann. Gross Income: $1, 365, 186.67 Ann. Total Expenses: $159, 607.78 Ann. Net Operating Income (NOI): $1, 205, 578.89 Ann. (7.93% Cap!!!) Reply, Reply All or Forward
MLS® Number882159
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2014
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2025List Date
$15,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
21515 Northern Blvd, Bayside, NY

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