210-08/12 Northern Boulevard

Description

Rarely available package deal featuring three modern construction commercial office buildings with a combined 100 feet of prime frontage along Northern Boulevard in the heart of Bayside. The properties included are 210-12 Northern Blvd, 210-08 Northern Blvd, and 209-45 45th Road, all well-maintained and constructed between 1999 and 2015. Together, they represent a unique chance to secure a premier portfolio in one of Queens’ most desirable commercial corridors. This offering includes 11 total units, with 9 currently leased to a mix of professional and medical office tenants, generating stable income. Currently at a healthy 5.3% cap rate, this is an excellent fit for investors seeking reliable cash flow. In addition, the buildings are designed with modern layouts, professional finishes, and efficient systems, ensuring long-term tenant satisfaction and minimal maintenance concerns. Two of the Northern Blvd buildings are elevator-equipped, enhancing accessibility and appeal to a wide range of office and medical users. Another standout feature is the secure underground garage with 17 parking spaces. In a market where parking is limited, this amenity adds significant value for both tenants and visitors. The portfolio’s location further amplifies its appeal — positioned on heavily trafficked Northern Boulevard and situated less than a half mile from the Bayside LIRR station, the properties benefit from outstanding visibility, commuter convenience, and accessibility to Manhattan and Long Island. Beyond stabilized income, there is built-in upside potential. The largest two-floor unit, located in what is commonly referred to as the “Radiology Building,” will become available in November 2025, offering an end-user or anchor tenant the opportunity to establish a flagship presence in a prime Queens location. This unique combination of stable returns, modern construction, strong tenant mix, and a forthcoming marquee vacancy makes this portfolio an exceptional long-term investment. Whether you are an investor looking for a well-performing portfolio or an end-user seeking a highly visible Northern Blvd address, this three-building package is an extraordinary opportunity in Bayside. Floor plan and photos for 209-45 45th Rd coming soon!