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210-08/12 Northern Boulevard, Bayside, NY 11361

$10,988,000

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MLS#914883

STATUSActive PROPERTY TYPECommercial - Office

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Property Description

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 (6.36% Cap!) position this asset for a significant performance lift once stabilized. Strategically located less than 1/2 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.

210-08/12 Northern Boulevard | MLS# 914883

This commercial property located at 210-08/12 Northern Boulevard, Bayside, NY 11361 is currently listed for sale with an asking price of $10,988,000. Search Bayside real estate on www.laffey.com today.

Property Features

Property Type: Commercial - Office

Basement: Yes

Basement: Finished

Cooling: Central Air

Heating: Hot Air, Other

Lot Size: 0.34 Acres

Taxes: $152,686

Feature Descriptions

Accessibility: Accessible Elevator Installed

Building Area Total: 30013

Business Type: Medical, Professional/Office

Cap Rate: 5

Days on Site: 211

Exterior: Other

On Market Date: 2025-09-19

Parking Features: Garage, Underground

Parking Total: 17

Property Attached Y/N: 1

Rental Term: Monthly

Security: yes

Security Features: Security System, Video Cameras

Sewer: Public Sewer

Units: 11

Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Water: Public

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55 Northern Blvd
Greenvale, NY 11548

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210-08/12 Northern Boulevard, Bayside, NY 11361

Property Description

210-08/12 Northern Boulevard | MLS# 914883

Property Features

Feature Descriptions

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210-08/12 Northern Boulevard, Bayside, NY 11361

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