21515 Northern Boulevard Bayside, NY $ 15,000,000
21515 Northern Boulevard
$ 15,000,000
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21515 Northern Boulevard

Bayside, NY, 11361
$ 15,000,000
Bedrooms-- Baths-- Sq 30,771

Monthly Estimate*

$ 93,580

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Commercial Property for sale in Bayside, NY

for $15,000,000. This 30,771 square foot building was built in 2014.

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.: 4/30/26. 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. (7.93% Cap!!!) Reply, Reply All or Forward

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Commercial Active

Price

$ 15,000,000

Property Type

Commercial

Taxes

$ 109,906

Style

Multi Family

Year Built

2014

Town/City

Bayside

County/Region

Queens

MLS | Web ID

882159

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Central Air
Utilities Electricity Connected Sewer Connected
Zoning R6B
Construction Materials Frame Other
Year Built 2014
Property Subtype Multi Family
Tax Year 2024
Parcel Number 06308-7501
County Queens
Property Type Commercial Sale
City New York
Number Of Units Total 9
Property Attached Y/N N
Tax Annual Amount 109906
Showing Instructions Call office at 516-783-5603
Building Area Units Square Feet
Standard Status Active
Cap Rate 778
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Exterior
Water Source Public
Total Parking 23
Parking Spaces 23
Foundation Details Other Concrete Perimeter
Building Area Total 30771
Waterfront Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
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Internal Only
Street Number 1 21515
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

516-783-5600

Contact

Affordability Calculator

$102,739
Per Month
91%
9%
0%
Monthly Principal & Interest
$93,580
Monthly Property Taxes
$9,159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2025$15,000,000 -4.76% Price Down
8/14/2025$15,750,000 -6.74% Price Down
7/16/2025$16,888,000 Listed Price

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21515 Northern Boulevard, Bayside, NY, 11361 is a Commercial Property for sale at $15,000,000 with 30,771 sqft. 21515 Northern Boulevard was built in 2014. The property's zip code is 11361 which is in Bayside, NY