21411 35Th AveBayside, NY 11361

Property Details for 21411 35Th Ave

Year built

2016

Lot size

0.45 AC

Property size (Sq ft)

656 SF

Zone code

R4

Property type

Office properties

APN

06119-1001

APU

61191001

Description

This exceptional mixed-use property, located at 21411 35th Ave Unit C2 in Bayside, NY, presents a unique investment opportunity. The 662 square foot unit is part of a newly constructed building (29,405 square feet total) and boasts high-quality finishes throughout. Features include a central air conditioning system, attractive wooden closets, and elegant marble countertops. The property sits on a 0.45-acre lot, offering ample space and potential for future development or expansion. Its convenient location provides easy access to public transportation, with a 20-minute bus ride to Flushing Main Street. The property's proximity to the commercial sector ensures high visibility and potential for strong rental income. Furthermore, its location within the highly-rated 26# school district is a significant draw for families. Outstanding schools are within walking distance, adding to the property's appeal. Indoor parking is available, a valuable amenity for both residents and businesses. This property is ideal for owner-occupants or investors seeking a profitable venture in a thriving Bayside neighborhood. The asking price is $618,000.

• CAP approach

  CAP return

  Valuation

  6%

  $108,456

  6.5%

  $100,114

  7%

  $92,963

• Comparable approach

  Method

  Valuation

  Relative Method

  $85,713

  Geo Method

  $85,713

• Alternative Use

  Use

  Valuation

  Residential

  $124,141

  Hospitality

  $113,712

  Educational

  $94,607

  Medical

  $97,861

  Retail

  $147,167

Location Insight

City

Flushing

County

Queens

State

New York

Latitude

40.7697

Longitude

-73.7722

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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