Discover space, flexibility, and income potential in this brick two-family home in Bay Terrace with R5 zoning. The property offers a versatile layout with a three-bedroom, 1.5-bath residence over a two-bedroom, 1.5-bath residence, plus additional living space on the lower level with walk-out access to the backyard. The spacious interiors feature wood floors, formal dining rooms, dishwashers, wall A/C units, and on-site laundry. A balcony and private backyard provide even more room to relax and enjoy the outdoors. Parking is plentiful with a garage, private driveway, and an assigned parking space. A convenient Bay Terrace location close to shopping, dining, and Fort Totten Park, with its waterfront setting, bicycle path, and outdoor recreation. Commuters will appreciate nearby express bus service to Manhattan, as well as local transportation to the LIRR and Main Street, Flushing. The property is part of an HOA community, with a community pool conveniently located behind the home and available for use at daily rates. Combining brick construction, income potential, R5 zoning, flexible living space, multiple parking options, outdoor space, and a sought-after Bay Terrace location, this property presents an exciting opportunity for an owner-occupant or investor.