37-06 37-06 Francis Lewis Blvd | Bayside, NY 11361
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
37-06 37-06 Francis Lewis Blvd
Bayside, NY 11361
Multifamily Property For Sale · 3 Units
Investment Highlights
- Near Crocheron Park
Executive Summary
Remarkable investment opportunity in the heart of Bayside! Just two blocks from the Long Island Rail Road, this stunning, brand-new three-family residence is perfectly positioned near stores, delightful restaurants, and the vibrant allure of Manhattan.
A legal 3 family building with 5 floors, with a total interior space of 3025 sq ft and an expansive 831 sq ft cellar for ample storage and versatility, this property offers exceptional living accommodations. Unit #1 – The first floor features a spacious 1-bedroom duplex with 1.5 baths spanning 1,662 sqft (831 sq ft plus 831 cellar) and a large backyard.
Unit #2 On the second floor, a 911 sq ft unit with 3 bedrooms provides ample space for comfortable living with two balconies.
Unit #3 The crowning jewel is the third-floor duplex, offering 1280 sqft of living space with high cathedral ceilings and 3 bedrooms, and an extra-large lofty with two balconies and a private terrace. (911 Third Floor +369 sq ft 4th fl Loft)
This property offers great returns with proposed high rents and boasts stunning curb appeal, ensuring maximum investment value. With 12-inch thick walls, extra insulation, and double-pane windows, it provides exceptional energy efficiency and a serene living environment. Imagine the endless possibilities and steady stream of rental income from such a prime investment. Don’t miss this unique opportunity to own a piece of Bayside’s finest real estate, where luxury meets convenience and potential meets reality. Secure your future today with this unparalleled investment.
A legal 3 family building with 5 floors, with a total interior space of 3025 sq ft and an expansive 831 sq ft cellar for ample storage and versatility, this property offers exceptional living accommodations. Unit #1 – The first floor features a spacious 1-bedroom duplex with 1.5 baths spanning 1,662 sqft (831 sq ft plus 831 cellar) and a large backyard.
Unit #2 On the second floor, a 911 sq ft unit with 3 bedrooms provides ample space for comfortable living with two balconies.
Unit #3 The crowning jewel is the third-floor duplex, offering 1280 sqft of living space with high cathedral ceilings and 3 bedrooms, and an extra-large lofty with two balconies and a private terrace. (911 Third Floor +369 sq ft 4th fl Loft)
This property offers great returns with proposed high rents and boasts stunning curb appeal, ensuring maximum investment value. With 12-inch thick walls, extra insulation, and double-pane windows, it provides exceptional energy efficiency and a serene living environment. Imagine the endless possibilities and steady stream of rental income from such a prime investment. Don’t miss this unique opportunity to own a piece of Bayside’s finest real estate, where luxury meets convenience and potential meets reality. Secure your future today with this unparalleled investment.
PROPERTY FACTS
Price Per Unit | $762,667 | Building Class | C |
Sale Type | Investment | Lot Size | 0.04 AC |
Cap Rate | 5.11% | Building Size | 3,194 SF |
No. Units | 3 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 2024 |
Apartment Style | Low Rise |
Price Per Unit | $762,667 |
Sale Type | Investment |
Cap Rate | 5.11% |
No. Units | 3 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.04 AC |
Building Size | 3,194 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 2024 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
7+5 | 3 | - | - |
zoning
Zoning Code | R4 (Walk-up Apartments - Three Families ( C0 )) |
R4 (Walk-up Apartments - Three Families ( C0 )) |
Learn More About Investing in Apartment Buildings
1 of 27
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP