210 -16 NB Property LLC pays $6M to DS Park Corp. for property in Bayside

210 -16 Nb Property LLC paid Ds Park Corp. $5.6 million for 210-16 Northern Boulevard in Bayside. The deal closed on September 30, 2019, and was recorded on October 21, 2019. The transaction consists of 1 parcel, including the tax class two-story or store and office (K2). The property is 10,577 square feet. The parcel(s) have total development potential of 10,577 square feet.
The average sale price per square foot is $532.
The estimated cap rate is 3.4%

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $201,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link