$1,588,888

212-07 48th Ave Flushing, NY 11364

Bayside Neighborhood

Estimated payment $10,124/month

Total Views 1,899
-- Beds
-- Baths
1,600 Sq Ft
$993 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Captain Dermody Triangle
  • P.S. 376 Rated A
  • Back Yard

About This Home

A rare chance to own a high-demand mixed-use property in one of Bayside's most desirable neighborhoods. Whether you're an investor seeking strong cash flow or an owner looking to live and earn at the same time, this property delivers exceptional value. Annual Property Tax: $15,201.
Lot Size: 20/77.
House size:20/40. Surrounded by established residential neighborhoods, local businesses, restaurants, shopping, and everyday conveniences. DELIVERY VACANT AT THE CLOSING. Call for more information.

Listing Agent

MingQin Sun (Phoebe)

E House Realty & Mgt. Inc Listed on: 07/30/2026

Co-Listing Agent

Yi (Winnie) Lu

E House Realty & Mgt. Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,780

Year Built

  • Built in 1937

Lot Details

  • 1,540 Sq Ft Lot
  • Lot Dimensions are 77 x 20
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Insurance Expense $4,292
  • Utility Expense $100
  • Gross Income $84,000
  • Net Operating Income $63,828

Listing and Financial Details

  • Tax Block 7329

Property Details

Property Type

Other

Est. Annual Taxes

$15,780

Year Built

Built in 1937

Lot Details

1,540 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Queens
  • Building Length: 40.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117390
  • Co List Office Phone: (718) 680-2776
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Oceania st
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1600
  • Building Stories: 2
  • Street Name I D X: 48th
  • Year Built: 1937
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1540

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 77
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 20172.00
  • Annual Gross Income: 84000
  • Insurance Expense: 4292.00
  • Property Net Operating Income: 63828.00
  • Unit Count: 2
  • Annual Utility Expenses: 100.00

Tax Info

  • Flip Tax Amount: 15780.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,081 $145,464 $34,650 $110,814
2025 $15,395 $140,130 $34,650 $105,480
2024 $15,395 $145,350 $34,650 $110,700
2023 $14,633 $138,150 $34,650 $103,500
2022 $14,713 $136,800 $34,650 $102,150
2021 $14,293 $133,650 $34,650 $99,000
2020 $15,638 $179,100 $34,650 $144,450
2019 $13,796 $175,050 $34,650 $140,400
2018 $11,866 $112,860 $31,770 $81,090
2017 $10,379 $98,717 $31,050 $67,667
2016 $9,658 $98,717 $31,050 $67,667
2015 $5,119 $85,305 $31,050 $54,255
2014 $5,119 $79,095 $31,032 $48,063
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2026 07/30/26 For Sale $1,588,888 -- $993 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $680,000 --
Deed $534,000 --
Deed -- --
Deed $172,500 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $150,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 503406

Brooklyn Board of REALTORS®

APN: 07329-0001

New York Queens County Bayside 11361 Bayside

212-07 48th Ave, Bayside, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
MingQin Sun (Phoebe)
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E House Realty & Mgt. Inc
(917) 821-1966
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