Income-producing Property In The Heart Of Bayside! Introducing A Newly Constructed, All-brick Building With A Solid Concrete And Steel Structure Spanning Five Total Stories (four Above Ground Plus A Full Basement). This Exceptional Investment Opportunity Offers A 5.2% Cap Rate And Is Ideally Situated Just Two Blocks From The Lirr Auburndale Station, Providing Easy Access To Manhattan. Property Highlights: Layout: Basement & First Floor Duplex: 2 Bedrooms, 2.5 Bathrooms Second Floor: 3 Bedrooms, 2 Bathrooms Third & Fourth Floor Duplex (penthouse): 3 Bedrooms, 2 Bathrooms Outdoor Spaces: Each Unit Features A Spacious Balcony; The Penthouse Includes A Private Terrace. Parking: Private Driveway And A Large Parking Lot In The Rear Of The Building. Construction Features: 12-inch Thick Walls, Enhanced Insulation, Double-pane Windows, Fire Doors, And A Full Sprinkler System Throughout. Conveniences: Washer And Dryer In Both The Second-floor Unit And Basement; Two Entrances (front And Rear) To The Basement. The First Floor Is Zoned For Community Facility Use, Making It Ideal For: Medical Or Dental Offices/psychological Or Counseling Services/tutoring Centers Or After-school Programs/ University Or College Administrative Offices/senior Centers Or Daycare Facilities. This Is A Rare Opportunity To Own A Versatile, Income-generating Property In One Of Queens’ Most Desirable Neighborhoods.