Buy with Yoreevo
$1,743,937
List Price: $1,775,000
Share Listing
Save Listing
20908 23 Avenue
House in Bay Terrace (Queens) •  building info
8bd • 6ba
Buy with Yoreevo

$1,743,937

List Price

$1,775,000

Key Details
Days on market
67
Last price change
loading...
Estimated payment
$11,169/mo
Taxes
$1,333/mo
Maintenance
N/A
Description
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.

Hide full description

Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,775,000
Asking Price: $1,775,000
Term
30 Years
Down Payment
$177,000 (10%)
Min: 10% (177,000)
Rate
6.25 %
Mortgage Amount
$1,597,500
Mortgage Payment
$9,836
Taxes
$1,333
Estimated Yoreevo rebate
$31,063
Estimated closing cost
$63,000
Total monthly cost $11,169
Buy your dream home with us and get an estimated $31,063 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of RE/MAX Frontier

Information ©2025, OneKey MLS. All rights reserved. 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.