20316 Northern BlvdBayside, NY 11361

Property Details for 20316 Northern Blvd

Year built

1963

Lot size

0.09 AC

Property size (Sq ft)

6,175 SF

Zone code

R3-2

Property type

Investment properties

Property subtype

Retail residential properties

APN

05544-0022

APU

55440022

Description

This exceptional retail property, located at 20316 Northern Boulevard in the vibrant Bayside, NY neighborhood, presents a compelling investment opportunity. Priced at $200,000, this property offers significant potential for a variety of retail businesses. While the square footage is currently unavailable, the property's prime location on Northern Boulevard ensures high visibility and foot traffic, making it an ideal spot for attracting customers. The property is situated on a zero-acre lot, offering a compact and manageable footprint. The property type is designated as retail, making it suitable for a wide range of commercial uses. This presents a unique chance to establish a thriving business in a bustling area of Queens, New York. The address, 20316 Northern Boulevard, Bayside, NY, places the property within easy reach of a diverse customer base. Further details regarding the interior space and specific zoning regulations are available upon request. Don't miss this chance to acquire a valuable retail space in a prime location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,265,931

  6.5%

  $1,168,552

  7%

  $1,085,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,250,580

  Geo Method

  $1,250,580

• Alternative Use

  Use

  Valuation

  Residential

  $1,168,552

  Hospitality

  $1,070,387

  Educational

  $890,549

  Medical

  $921,177

  Retail

  $1,385,299

Location Insight

City

Flushing

County

Queens

State

New York

Latitude

40.7573

Longitude

-73.7795

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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