37-12 Francis Lewis Boulevard, Bayside, NY, 11361
$2,688,000
Multi Family
For Sale
8 Beds
, 7 Full Bath
Details
ML#: 863232
- Style: Contemporary
- # of Families: 3
- Year Built: 2025
- Taxes: $15,000
- Status:Active
Description
Income-Producing Property in the Heart of Bayside!Introducing a newly constructed, all-brick building with a solid concrete and steel structure spanning five total stories (four above ground plus a full basement). This exceptional investment opportunity offers a 5.2% cap rate and is ideally situated just two blocks from the LIRR Auburndale station, providing easy access to Manhattan.Property Highlights:Layout:Basement & First Floor Duplex: 2 bedrooms, 2.5 bathroomsSecond Floor: 3 bedrooms, 2 bathroomsThird & Fourth Floor Duplex (Penthouse): 3 bedrooms, 2 bathroomsOutdoor Spaces: Each unit features a spacious balcony; the penthouse includes a private terrace.Parking: Private driveway and a large parking lot in the rear of the building.Construction Features: 12-inch thick walls, enhanced insulation, double-pane windows, fire doors, and a full sprinkler system throughout.Conveniences: Washer and dryer in both the second-floor unit and basement; two entrances (front and rear) to the basement.The first floor is zoned for community facility use, making it ideal for:Medical or dental offices/Psychological or counseling services/Tutoring centers or after-school programs/University or college administrative offices/Senior centers or daycare facilities.This is a rare opportunity to own a versatile, income-generating property in one of Queens’ most desirable neighborhoods.
More Property Details
Bedroom: 8
Full Bath: 7
Lot Sq Ft: 3300
Parking Spaces: Yes
Parking Spaces: 4
Heat: Electric
A/C: Ductless
Water: Public
Sewer: Public Sewer
Taxes: $15,000
School District: Ps 159
Listing Information provided courtesy of
EXP Realty
888-276-0630