21425 42Nd AveBayside, NY 11361

This exceptional commercial property, located at 21425 42nd Ave in the highly desirable Bayside, NY, presents a rare investment opportunity. Boasting a prime location on Bell Boulevard with very high foot traffic, this well-maintained property is just a block from the Long Island Rail Road (LIRR), ensuring excellent accessibility. The building offers a substantial 5,000 square foot basement in addition to the ground floor space, providing ample room for various uses. A significant advantage is the inclusion of 75 parking spaces, a rare commodity in this area. The property is zoned C8-1. Currently generating a gross annual income of $840,000 with operating expenses of $170,000, this property boasts a strong net operating income (NOI) of $670,000. The building is currently 100% occupied, offering immediate and substantial cash flow. This property is ideal for investors, developers, and end-users seeking a high-return investment in a prime Bayside location. The combination of high foot traffic, convenient LIRR access, ample parking, and strong financial performance makes this a truly exceptional opportunity. Serious inquiries only.