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212-07 48th Ave, Bayside, NY, 11361

--beds
0baths
1,600sqft
$1,588,888
$993price/sqft
$9,609/moest. monthly cost
$384,360/yrincome needed

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.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
Ps 376Grades PK-50.1 mi
9/10
Ms 158 Marie CurieGrades 6-80.2 mi
4/10

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Construction materials: Brick,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Features

  • Flooring: Hardwood,Tile

Heating

  • Heating features: Natural Gas,Baseboard

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 073290001
  • Attached to another structure: Yes
  • Zoning: R5
  • Special condition: Arm's Length
  • Foundation area: 800

Features

  • Stories: 2

Lot

  • Lot size: 1,540 sqft
  • Features: Back Yard
  • Lot size dimensions: 20x77

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,034$96,408
Home Insurance *$318$3,816
Property Taxes $993$11,916
Electricity $264$3,172
Total$9,609$115,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$329,451/yr
40% on housing$288,270/yr
45% on housing$256,240/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$993This listing

vs Other Active Listings

Avg $/sqft

ZIP 11361$569
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11361$680
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$1,588,888
2012-05-04Sold$680,000

For Sale by Agent

AgentMingqin Sun
BrokerageE House Realty & Mgt. Inc

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