21266 16th Avenue, New York, NY 11360

Description

Exceptional Bay Terrace Two-Family – Owner-Occupied & Delivered Completely Vacant!

A rare opportunity in the heart of Bay Terrace! Offered by the original owners, this spacious brick semi-attached legal two-family residence sits on an approximately 29.25' x 100' lot and offers an outstanding combination of space, versatility, exceptional parking, and future potential. OWNER-OCCUPIED AND DELIVERED COMPLETELY VACANT AT CLOSING, providing immediate flexibility for end users, extended families, or investors.

The first-floor apartment features five rooms, two bedrooms, one full bathroom, and a private half-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, including a private primary half-bath.

The home also features a finished walk-in level with an additional bathroom, offering valuable recreational space and flexibility. The building measures approximately 20' x 52'.

Exceptional off-street parking is another significant advantage, with a front driveway leading to the built-in garage and a long private side driveway that provides parking for two additional vehicles.

R5 ZONING – ADDITIONAL DEVELOPMENT POTENTIAL! Located in an R5 zoning district, the property presents an attractive opportunity to explore conversion to a legal three-family residence, as numerous neighboring properties have done. With approximately 1,800+ square feet of additional potential buildable floor area, subject to verification, the property offers compelling possibilities for increased rental income and long-term appreciation. Buyers should independently verify zoning, allowable floor area, and conversion feasibility with their architect and appropriate municipal authorities.

The location is quintessential Bay Terrace! Just a few short blocks from highly regarded P.S. 169 Bay Terrace and moments from the Bay Terrace Shopping Center, offering supermarkets, restaurants, shopping, banking, entertainment, movie theaters, and fitness amenities. Convenient bus service connects to Downtown Flushing, the LIRR, and Manhattan.

Beautiful Fort Totten Park and the waterfront are also nearby, offering scenic walking paths, recreation, and expansive open space.

A truly exceptional opportunity to acquire an original-owner, owner-occupied Bay Terrace two-family residence, delivered COMPLETELY VACANT AT CLOSING. With generous accommodations, outstanding parking, desirable location, and potential for additional residential development, this property offers tremendous flexibility for immediate occupancy and long-term investment value.