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21266 16th Avenue, 
Bayside, NY 11360

$1,499,000


6

Beds


5

Baths


2,550

Sq Ft


Multi-Family

Active

Listed by

James S. Powers

Tapestry Real Estate Of Queens

Last updated:

November 5, 2026, 12:00 PM

MLS#

1036736

Source:

OneKey MLS

About This Home

21266 16th Avenue

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.

Home Facts

Multi-Family

5 Baths

6 Bedrooms

Built in 1975

Price Summary

1,499,000

$587 per Sq. Ft.

MLS #:

1036736

Last Updated:

November 5, 2026, 12:00 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,550 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

2,925


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$587 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.