21515 Northern Boulevard

Bayside, NY 11361

Calling All Investors, Developers & End-Users!!! 100% Occupied 30,700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC+++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Floor: Register Abstract Company (1,060 Sqft.): $98,808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30. Lucia Pizza (1,200 Sqft.): $75,398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32. Tiger Schulmann (3,500 Sqft.): $166,980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29. 2nd Floor: The Learning Experience (10,000 Sqft.): $484,660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35. 3rd Floor: Mark Khandhorov, Esq. (1,800 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28. RJ Capital (2,000 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29. Lend IQ (8,500 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34. Ground Floor: KOH Architecture (700 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/25. Mava Law (600 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29. Tax Reimbursement: $96,185.04 Ann. CAM Reimbursement: $23,155.20 Ann. Expenses: Gas: $0 Ann. Electric: $15,000 Ann. Water: $3,900 Ann. Trash: $850 Ann. Insurance: $27,960 Ann. Maintenance & Repairs: $1,991.62 Ann. Taxes: $109,906.16 Ann. Gross Income: $1,365,186.67 Ann. Total Expenses: $159,607.78 Ann. Net Operating Income (NOI): $1,205,578.89 Ann. (7.14% Cap!!!) Reply, Reply All or Forward

Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-07-26 04:58 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.