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Sold
  • $1,490,000

    1560 216th St, Bayside, NY 11360

    7beds
    3,726sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $1,758,200 Zestimate®
    $400/sqft
    $3,008 Estimated rent

    Home value

    $1,758,200

    $1.62M - $1.92M

    $3,008/mo

    Zestimate® history
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    $3,008/mo

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    $8,977/mo

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    $8,977/mo

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    What's special

    This impeccably maintained 7 bedrooms, 4.5 bathrooms 2 family gem offers two oversized apartments - 3 bedrooms, 2 bathroom duplex over a 4 bedroom 2.5 bathroom triplex. Enter at street level into a welcoming foyer with 2 coat closets, access to the attached garage and a comfortably sized bedroom. Further inside and a few steps down you will enter an oversized family/entertainment room with a laundry room and a half bath. The main floor of the first apartment features a spacious living room and dining room with south facing sliding glass doors leading out to the newly fenced backyard. The classic windowed eat-in-kitchen comes fully equipped with a dishwasher, stove, refrigerator, and plenty of cabinets. This kitchen offers a bright western exposure and a fresh, contemporary feel. A few steps up to the next level brings you to a full bathroom, 2 nicely sized bedrooms and the generously sized primary bedroom with a north facing bay window. The primary bedroom contains a walk-in-closet and an ensuite bathroom. The second apartment is a duplex and features the same expansive layout on the first level with a living room, dining room and fully equipped windowed eat-in-kitchen. The second level is also similar in size to the first apartment and offers the same full bathroom, 2 bedrooms and a primary bedroom with a walk-in-closet and an ensuite bathroom. The second apartment has its own washer and dryer. Central air conditioner and heat, 3 car driveway, 2 separate gas meters, 2 separate thermostats and an outside shed for additional storage completes this package. Excellent public transportation options make commuting a breeze with the MTA express bus conveniently located a few blocks away, it is a short commute to the city’s center. If you prefer the train, a quick bus ride to Main Street, Downtown Flushing to the 7 train. Or, even a shorter distance to the Bell Blvd. LIRR station. A few blocks away is Little Bay/Ft. Totten Park, which contains bike and scenic trails, kayaking, field hockey rink, and fishing. Conveniently located near Bay Terrace Shopping Center, Baybridge Commons Shopping Center and the vibrant restaurant scene and shops on Bell Blvd. This property offers future owners the opportunity to pick which floor to live on while collecting rent and an option to combine apartments to create more space for themselves in the future. Investors should also take note of this turnkey property in a fantastic location with a strong rental history. The first floor is vacant. The top floor has a tenant but the property can be delivered fully vacant upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jean O'Gallagher,

    Douglas Elliman,

    Theresa Dinardo

    Source: StreetEasy,MLS#: S1688178

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 3,726
    • Total interior livable area: 3,726 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Other
    • Exterior features: Garden
    Details
    • Parcel number: 059450067
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1975

    Community & HOA

    Community
    • Subdivision: Bay Terrace (Queens)
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    Location
    • Region: Bayside

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $1,443,000
    • Annual tax amount: $197,448
    • Date on market: 11/1/2023

    Price history

    DateEventPrice
    7/19/2024Sold$1,490,000-6.9%$400/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L3514158 Report a problem
    4/24/2024Pending sale$1,599,999$429/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3514158 Report a problem
    11/2/2023Listed for sale$1,599,999$429/sqft
    Source: StreetEasy #3514158 Report a problem
    11/18/2019Listing removed$2,300$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/30/2019Listed for rent$2,300$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $86,580 +6%
    2024-- $81,660 -7.8%
    2023-- $88,560 +1.2%
    2022-- $87,540 +0.3%
    2021-- $87,300 +3.8%
    2020$15,260 +6%$84,120 -7.3%
    2019$14,396 +1.9%$90,720 +34.4%
    2018$14,123 +4%$67,515 +1.3%
    2017$13,585 +13.3%$66,640 +6%
    2016$11,990 $62,870 +4.6%
    2015$11,990 +62.9%$60,078 +6%
    2014$7,363 $56,678 +0.7%
    2013-- $56,263 +1.3%
    2012-- $55,534 +6%
    2011-- $52,392 +4.6%
    2010-- $50,065 +6%
    2009-- $47,232 +0.7%
    2008-- $46,886
    Find assessor info on the county website

    Neighborhood: Bayside

    Nearby schools

    GreatSchools rating