Prevu by reAlpha
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21540 23rd AvenueBayside, NY 11360

For Sale

$1,538,000

Smart Buyer Rebate $19,225

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.

Listed by Yixian Li

·

Homix Realty Inc

·

718-353-0225

Last updated October 30, 2026

·

Source: OneKey #1053396

Listing Facts

  • TypeMulti-family
  • NeighborhoodBay Terrace
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu40
  • Taxes$13,756.5/year

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/29/2026
Price Decreased
$1,538,000
09/21/2026
Listed by Homix Realty Inc
$1,599,000
  1. 10/29/2026$1,538,000
    Price Decreased
  2. 09/21/2026$1,599,000
    Listed by Homix Realty Inc

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$15,380
Title Insurance
$6,921
Bank Attorney
$1,500
Mortgage Recording Tax
$23,685
Other Closing Costs
$4,000
Total
$55,486

Estimated closing costs are based on the list price of $1,538,000 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 21540 23rd Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1970
  • Architectural Style: Contemporary
  • Construction Materials: Frame

Features

  • Patio And Porch Features: Patio, Screened, Terrace
  • View: Water

Measurements

  • Building Area Total: 2,628
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Square Feet: 3,300

Financial

Taxes

  • Parcel Number: 05952-0003
  • Tax Annual Amount: $13,756.50
  • Tax Assessed Value: $84,120.00
  • Tax Year: 2026

Interior

Features

  • Flooring: Hardwood
  • Interior Features: First Floor Bedroom, Chandelier, Eat-in Kitchen, Entrance Foyer, Formal Dining, Kitchen Island, Sauna, Walk-In Closet(s)

Rooms

  • Basement: Finished, Partial, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Ps 169 Bay Terrace
  • Elementary School District: Queens 25

High School

  • High School: World Journalism Preparatory
  • High School District: Queens 25

Middle or Junior School

  • Middle Or Junior School: Bell Academy
  • Middle Or Junior School District: Queens 25

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 4 bathrooms in this multi-family home at 21540 23rd Avenue.

What schools are nearby to 21540 23rd Avenue?

Nearby schools include the Ps 169 Bay Terrace Elementary School, Bell Academy Middle School, and World Journalism Preparatory High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 21540 23rd Avenue.

What are the annual taxes for 21540 23rd Avenue?

Annual taxes for this multi-family home are estimated at $13,756.

How does 21540 23rd Avenue compare to other multi-family homes in Bay Terrace?

This multi-family home is listed 12% below the average price for multi-family homes in Bay Terrace and has been on the market for 51 less days than the typical home in this area.

21540 23rd Avenue is a 5-bedroom, 4-bath multi-family home for sale in Bayside NY 11360. On Prevu for 40 days at $1,538,000. This includes a recent price decrease of $61,000. This residence is located in Bay Terrace. The median listing price for multi-family homes in this area is $565,000. Nearby schools include Ps 169 Bay Terrace Elementary School, Bell Academy Middle School, and World Journalism Preparatory High School. Additional amenities include private outdoor space, air conditioning, and parking. View other multi-family home listings in Queens.

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 2026, 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.