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209-08 23rd AvenueBayside, NY 11360

For Sale

$1,775,000

Smart Buyer Rebate $22,188

Located in the heart of Bay Terrace, this exceptional two-family home with three units offers a rare opportunity for both investors and end-users. Each floor has been fully renovated with luxury finishes, providing move-in ready condition throughout. The basement is completely finished, adding versatile space for recreation, storage, or home office use.

The property has been extensively upgraded inside and out. It features three brand-new hot water tanks, all double-pane windows, a new Con Edison electrical meter bank, Verizon Fios connectivity, and energy-efficient LED lighting in common areas. The entryway and interiors have been refreshed with a new glass entry door and freshly painted hallways, foyer, and all three floors.

Exterior improvements include a new roof, new concrete driveway, new balcony with steel beam supports, new gutters, and updated aluminum siding. The backyard has been transformed with full pavers and a privacy fence, creating an attractive outdoor space for relaxation and entertainment.

For investors, this property offers immediate and strong rental income potential, while end-users will appreciate the ability to live in one unit and generate income from the others.

With its combination of prime location, luxury upgrades, and excellent income potential, this property stands out as one of the best-finished multi-family buildings in Bay Terrace.

Listed by Soon K. Jung

·

RE/MAX Frontier

·

718-224-2900

Last updated October 14, 2025

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Source: OneKey #918469

Listing Facts

  • TypeMulti-family
  • NeighborhoodBay Terrace
  • Bedrooms8
  • Bathrooms6
  • Days on Prevu24
  • Taxes$16,000/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/01/2025
Listed by RE/MAX Frontier
$1,775,000

Estimated Closing Costs

Total
$62,573
Attorney Fees
$4,000
NYC Mansion Tax
$17,750
Title Insurance
$7,988
Bank Attorney
$1,500
Mortgage Recording Tax
$27,335
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,775,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 209-08 23rd Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Year Built: 1975
  • Construction Materials: Aluminum Siding

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $16,000.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.