No photo available
$1,550,000 Just Listed
Property Description
CANA Realty is pleased to present 191-08 Station Road, a premier 4-unit residential asset located in high-demand East Flushing along the Bayside border. Offering strong, stable in-place income with a 4.83% Cap Rate, this asset represents a secure investment in an extremely tight rental market. Executive Summary: Asking Price: $1,550,000 Cap Rate: 4.83% Building Size: Approx. 2,368 SF Lot Size: 3,100 SF (31' x 100') Parking: 6 On-Site Parking Spaces (Private Driveway & Rear Parking) In-Place Gross Income: $107,160 / year ($8,930 / month) Net Operating Income (NOI): $74,863 / year Unit & Income Breakdown: Unit Layout: 100% 1-Bed / 1-Bath Units (4 Units Total) Unit 1: $2,100 / mo ($25,200 / yr) Unit 2: $2,500 / mo ($30,000 / yr) Unit 3: $2,030 / mo ($24,360 / yr) Unit 4: $2,300 / mo ($27,600 / yr) Investment Highlights: Turnkey Cash Flow: Fully occupied with steady, reliable tenants producing $107,160 annual gross revenue. Rare Parking Capacity: Features 6 dedicated parking spaces, a major competitive advantage and value-add asset in Flushing/Bayside. Solid Construction: All-brick structure with low operating expenses and a full basement for utilities/storage. Prime Transit-Oriented Location: Just minutes to the LIRR Broadway Station for a fast commute into Manhattan, Northern Blvd, local dining, and top-rated Queens School District 26 (P.S. 31 / I.S. 25).
Full Property Details
Full Property Details for 191-08 Station
General
- Price: $1,550,000
- Taxes: $26,297
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1062507
- Updated: 10/14/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Original Details
Parking
- Total Spaces: 6
- Parking Features: Detached
Location
- County: Queens
School Information
- High School District: Queens 26
- Elementary School: Ps 31 Bayside
- Middle School: Irwin Altman Middle School 172
- High School: Francis Lewis High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Year Built: 1951
Financial Considerations
- Tax Amount: $26,297
Disclosures and Reports
- Special Conditions: None
Listed by Cana Realty
Get Pre-Approved Today
Schools
Schools serving 191-08 Station
School District:New York City Geographic School District 26
| Name | Grades | Distance |
|---|---|---|
Ps 162 John Golden 201-02 53rd Ave, Queens, NY 11361 | K-5 | 0.8 mi |
Ms 158 Marie Curie 46-35 Oceania St, Queens, NY 11361 | 6-8 | 0.8 mi |
Francis Lewis High School 58-20 Utopia Pky, Queens, NY 11365 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 191-08 Station
Date
Details
Price
Change
Source
10/14/2026
Listed
$1,550,000
559.57%
MLS
9/08/1998
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 191-08 Station
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,298
—
$210,439
—
2025
$26,298
3%
$210,382
-18%
2024
$25,478
8%
$258,120
37%
2023
$23,595
10%
$188,731
-13%
2022
$21,443
8%
$216,900
-11%
2021
$19,857
-2%
$243,000
-9%
2020
$20,185
3%
$266,850
17%
2019
$19,553
14%
$228,420
57%
2017
$17,102
—
$145,178
8%
2017
$17,102
7%
$134,464
8%
2016
$16,053
—
$124,520
—
2015
$16,038
11%
$124,486
3%
2014
$14,459
4%
$120,588
8%
2013
$13,894
—
$111,676
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 191-08 Station
191-08 Station, Bayside, NY 11358 (MLS# 1062507) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 191-08 Station is currently listed for $1,550,000 and was received on October 14, 2026. Want to learn more about 191-08 Station? Do you have questions about finding other Multi-Family real estate for sale in Bayside? You can browse all Bayside real estate or contact a Coldwell Banker agent to request more information.
