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Northern Boulevard Bayside 3 Office Properties Offered at $10,988,000 in Bayside, NY
INVESTMENT HIGHLIGHTS
- Prime Location on Heavily Trafficked Northern Blvd
- ADA Accessibility
- Versatile Layouts
- Underground Parking Garage
- 100 Feet Frontage on Northern Blvd
EXECUTIVE SUMMARY
Prime Northern Blvd Bayside portfolio consisting of three well-maintained, modern construction office buildings with 100 feet of frontage on Northern Blvd. The properties feature a combined 11 units, with 9 currently leased to a mix of professional and medical office tenants, generating strong and stable cash flow. Current NOI is $581,861, representing a cap rate of approximately 5.3%. Two of the Northern Blvd buildings are elevator-equipped, and the portfolio includes a 17-space underground parking garage, offering convenience and accessibility for tenants and visitors alike. This portfolio provides investors with immediate in-place income while offering long-term security through modern construction, prime location, and established tenancy. Close proximity to the Bayside Long Island Railroad. As an added upside, the Radiology Building will become available in November 2025, creating a rare opportunity for an end-user or anchor tenant to establish a flagship presence along Northern Blvd. Additional Floor plan and photos for 209-45 building coming soon.
PROPERTY FACTS
| Price | $10,988,000 | Number of Properties | 3 |
| Price / SF | $366.11 / SF | Individually For Sale | 0 |
| Cap Rate | 5.30% | Total Building Size | 30,013 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.65 AC |
| Status | Active |
| Price | $10,988,000 |
| Price / SF | $366.11 / SF |
| Cap Rate | 5.30% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,013 SF |
| Total Land Area | 0.65 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 21008 Northern Blvd, Bayside, NY 11361 | Office | 18,692 SF | 1999 | - |
| 210-12 Northern Blvd, Bayside, NY 11360 | Office | 7,598 SF | 2012 | - |
| 20945 45th Rd, Bayside, NY 11361 | Office | 3,723 SF | 2015 | - |
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Northern Boulevard Bayside
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