Hidden Gem in the Heart of Bay Terrace | Legal 2-Family | R5 Zoning | Rare Triplex Layout | 2 Private Garages A rare find tucked away in one of Bayside's most desirable residential pockets! This beautifully maintained legal 2-family sits on a 33'x 100' lot and offers approximately 2,628 SF of interior space with an exceptionally wide approx. 72' x 24' building footprint. The main residence features a spacious 3-bedroom, 2-bath triplex with finished lower level, offering the space and privacy of a single-family home, complemented by a separate 1-bedroom rental apartment. Additional finished space with a private entrance provides even more flexibility and functionality. Diamond condition and move-in ready, featuring new siding, insulation, soffits and gutters. Additional highlights include a sunroom, screened terrace with seasonal water views, sauna, 2 private garages, generous driveway parking and solar panels. Even better, enjoy low annual property taxes of only $13,753. R5 zoning adds valuable long-term potential and flexibility. Buyer to independently verify zoning, permitted uses and development possibilities. Currently tenant-occupied with rental income already in place, offering immediate income for investors along with long-term flexibility for future owner occupancy. Enjoy an exceptional location in the heart of Bay Terrace, just moments from Bay Terrace Shopping Center, Little Neck Bay waterfront, Fort Totten Park, neighborhood parks, shopping, dining, schools and express transportation to Manhattan-all while enjoying the privacy of a quiet residential setting. A true Bayside hidden gem offering a rare combination of location, space, income, parking, low taxes and future potential. By appointment only.

Property Details of 21540 23rd Avenue

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 10, 2026 12:20 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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