21266 16th Avenue, Bayside, NY 11360

Property Description

EXCEPTIONAL BAY TERRACE TWO-FAMILY – ORIGINAL OWNERSHIP – DELIVERED COMPLETELY VACANT! A Rare Opportunity in the Heart of Desirable Bay Terrace! Offered by the Original Owners, This Spacious Brick Semi-Attached Legal Two-Family Residence Occupies an approximately 29.25' x 100' Property, offering an Outstanding Combination of Generous Accommodations, Exceptional Parking, And Exciting Future Possibilities. OWNER-OCCUPIED AND DELIVERED COMPLETELY VACANT AT CLOSING! An Especially Attractive Opportunity for End Users, Extended Families, Investors, and 1031 exchange buyers seeking immediate flexibility. The First-Floor Apartment Features Five Rooms, Two Bedrooms, A Full Bathroom, And A Private Primary Half-Bath. 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. A Finished Walk-In Level with An Additional Bathroom Provides Valuable Recreational Space and Added Versatility. The Building Measures Approximately 20' x 52'. EXCEPTIONAL PRIVATE PARKING! A Front Driveway Leads to the Built-In Garage, While A Separate, Extended Side Driveway Accommodates Two Additional Vehicles, A Particularly Desirable Convenience. ADDITIONAL PROPERTY FEATURES INCLUDE GAS HOT WATER, THREE-ZONE HEATING, AND FOUR SEPARATE ELECTRIC METERS, A rare feature, Providing Practical Utility Arrangements and Added Convenience. R5 ZONING – EXPLORE THE ADDITIONAL DEVELOPMENT POTENTIAL! Situated within an R5 Zoning District, The Property Presents an Intriguing Opportunity to Explore Conversion to A Legal Three-Family Residence, as demonstrated by numerous neighboring properties. With Approximately 1,800+ Square Feet of Potential Additional Buildable Floor Area, Subject to Verification, The Property Offers Exciting Possibilities for Expanded Residential Use and Future Investment Value. Buyers Should Independently Verify Zoning, Permitted Floor Area, And Conversion Feasibility with Their Architect and The Appropriate Municipal Authorities. AN OUTSTANDING BAY TERRACE LOCATION! Just Blocks from P.S. 169 And Moments from The Popular Bay Terrace Shopping Center, Featuring Shopping, Supermarkets, Restaurants, Banking, Entertainment, Fitness Facilities, And Movie Theaters. Convenient Bus Transportation Provides Connections to Downtown Flushing, the Long Island Railroad, and Manhattan. Nearby Fort Totten Park and The Beautiful Waterfront Offer Scenic Walking Paths, Recreation, And Expansive Open Spaces. A Distinctive Opportunity to Acquire a Well-Located, Original-Owner Two-Family Residence with The Rare Advantage of COMPLETE VACANCY AT CLOSING, Outstanding Private Parking, And Meaningful Potential for Future Residential Development. An exceptional combination of immediate enjoyment and long-term value!