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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
Rare opportunity to acquire a modern three-building commercial portfolio with 100 feet of prime Northern Boulevard frontage in the heart of Bayside. The package includes 210-12 Northern Blvd, 210-08 Northern Blvd, and 209-45 45th Road, totaling 11 units with 3 vacancies, including a flagship building delivered vacant. The anchor building features approx. 50’ x 100’ dimensions, tall ceilings, basement parking, and strong potential to build up, offering a rare chance for an end-user, medical group, or anchor tenant to establish a high-visibility presence along one of Queens’ most trafficked corridors. Built between 1999 and 2015, the properties offer modern construction, elevator access, efficient layouts, and low-maintenance systems. Two buildings are elevator-equipped, and the portfolio includes a secure underground garage with 12 parking spaces — a major competitive advantage in this market! Current vacancy creates immediate upside. Pro forma gross income of $913,800 and pro forma NOI of $698,861 position this asset for a significant performance lift once stabilized. Strategically located less than ½ mile from the Bayside LIRR, with exceptional visibility, access, and long-term tenant demand, this offering is ideal for investors seeking value-add yield, or owner-users looking to control a trophy Northern Blvd footprint.
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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