Commercial Complex with Parking in Bayside, Queens, NY

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Financial Details

Asking Price:
$13,500,000
Cash Flow / SDE:
$700,000
Profit Metric:
Annual Income
Valuation Multiple:
19.3x
Location:
Queens, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Prime Bayside, Queens location near major transit.
Three commercial buildings with 23,794 sqft and 15 parking spaces.
High occupancy (75%) with existing annual income of $700k.

Description

This listing presents a prime commercial complex located in Bayside, Queens, NY, near Northern Blvd & Bell Blvd, with excellent access to LIRR and bus stations. The property comprises three solid brick buildings totaling 23,794 sqft across three floors plus basements, and includes 15 dedicated parking spaces. The first and second floors are fully occupied under favorable lease terms, contributing to an annual income of $700,000. The third floor is currently seeking a tenant, offering further potential for increased revenue. This property represents a significant investment opportunity in a high-demand area.

Industry Information

Industry Description:
Building & Construction
Classification:
Building & Construction

Real Estate & Lease

Status:
For_sale
Real Estate Price:
$13,500,000 USD

Listing Details

Listing ID:
20b14bf8-f836-4b7d-a2ce-255bc5e9b8cd
Deal Status:
For Sale
Date Posted:
May 03, 2023
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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