21266 16th AVE Bayside, NY 11360
6 Beds
5 Baths
2,922 Sqft Lot
Open House
Sun Aug 16, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1036736
Style Colonial
Bedrooms 6
Full Baths 5
Rental Info No
Year Built 1975
Annual Tax Amount $12,765
Lot Size 2,922 Sqft
Acres 0.0671
Lot Dimensions 29.25 X 100
Property Sub-Type Triplex
Source onekey2
Property Description
The first-floor apartment features five rooms, two bedrooms, one full bath, and a 1/2 bath in the primary bedroom. The spacious second-floor owner's apartment offers six rooms, including a living room, formal dining room, updated kitchen, three bedrooms, and 1.5 baths, with a private half-bath in the primary bedroom. The home also features a finished walk-in level with an additional bathroom, providing valuable additional space and flexibility.
Exceptional off-street parking is another major advantage, with a front driveway leading to the built-in garage plus a long private side driveway, accommodating approximately four vehicles including the garage.
Located in an R5 zoning district, the property offers particularly attractive potential for conversion to a legal three-family residence, as has been done with numerous similar properties throughout the surrounding neighborhood. (presently showing 1800+ buildable sf FAR) Such a conversion may significantly enhance rental income potential, financing opportunities, and the property's long-term inherent value, while potentially requiring a relatively modest investment in relation to the benefits. Buyers should independently verify conversion requirements and feasibility with their architect and other appropriate professionals.
The location is quintessential Bay Terrace, just a few short blocks from coveted P.S. 169 Bay Terrace and immediately convenient to the Bay Terrace Shopping Center, with supermarkets, restaurants, shopping, banking, entertainment, movie theaters and exciting new fitness and lifestyle amenities. Nearby bus transportation provides convenient connections to Downtown Flushing, the LIRR and Manhattan.
The waterfront and beautiful Fort Totten Park are also close by, offering miles of enjoyable walking, recreation and open space.
A rare opportunity to acquire a substantial Bay Terrace two-family with exceptional parking, tremendous versatility, strong income potential and the possibility of creating an even more valuable legal three-family residence.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features First Floor Bedroom
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Attached, Driveway, Garage, Garage Door Opener, Off Street, Oversized
Garage Spaces 1.0
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 4
Garage true
Private Pool No
Building
Lot Description Back Yard, Garden, Landscaped, Level, Near Golf Course, Near Public Transit, Near School, Near Shops
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 169 Bay Terrace
Middle Schools Bell Academy
High Schools Queens 26
School District Queens 26
Others
Senior Community No
Special Listing Condition None
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