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 bathrooms

Second Floor: 3 bedrooms, 2 bathrooms

Third & Fourth Floor Duplex (Penthouse): 3 bedrooms, 2 bathrooms

Outdoor 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. © 2025 OneKey™ MLS, LLC