216-29 28th Avenue
About This Property
A rare highlight includes a two-car garage, additional storage, and a four-car driveway, offering exceptional convenience. Situated on approximately 0.3 acres, the property provides unmatched privacy and generous outdoor space, ideal for an in-ground pool addition or custom landscaping, and the home has been recently upgraded with a brand-new roof.
Centrally located near schools, transportation, shopping, houses of worship, parks, and just steps from Little Neck Bay and the Bayside Marina, this home offers the perfect balance of tranquility and accessibility.
A true hallmark of elegance, and a must-see opportunity in an exceptional neighborhood.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Keller Williams Rlty Landmark | $2,198,000 | |
| Listed by Keller Williams Rlty Landmark | |||
| Jan 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 25, 2025 | Listed by Urgo Realty Inc | $2,390,000 | |
| Listed by Urgo Realty Inc | |||
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Exquisite Split-Level Residence in Prestigious Bayside Gables.
Welcome to Bayside Gables, one of New York City’s premier gated communities and the crown jewel of Bayside. Known for its elegance, security, and exclusivity, this neighborhood is home to some of the most luxurious residences in Queens. With its multi-million-dollar estates and serene, residential atmosphere, Bayside Gables offers an upscale lifestyle.
URGO REALTY, INC. is proud to exclusively present this distinctive single-family home, thoughtfully designed in a classic Split-Level style, where multi-tiered living spaces are seamlessly connected by short staircases for both function and charm.
This expansive residence offers: 4 floor levels plus a basement:
BASEMENT LEVEL- Finished with utility room, open floor plan, storage space, separate thermostat, and cedar closet.
GROUND LEVEL- 1 bedroom, one bath, laundry room with newer W/D, walk-out door to double garage, closets
FIRST LEVEL- Large living room, with fireplace, formal dining room, eat-in kitchen, den/family room.
SECOND LEVEL 3 bedrooms, one is the master bedroom with a marble full bath, walk-in closet, many built-ins, and hardwood flooring.
ATTIC- Fully finished, carpeted, with 1bath with shower.
Imagine enjoying a generous 3,657 sq ft interior space across four levels, and a finished basement. Imagine enjoying the interior that is always drenched with sunlight and then looking out to the meticulously landscaped 13,100 sq ft lot with a backyard front yard and double garage. Lovingly maintained by a long-term owner, the home exudes warmth, cleanliness, and character in every room.
The property is located in an R1-2 zoning district, and it benefits from generous open space requirements. it also boasts an additional 2,882 sq ft of unused FAR (floor area ratio). Whether you're looking to extend or build up, there's ample potential for redevelopment—subject to Department of Buildings and Bayside Gables HOA approvals.
Whether you’re searching for a forever home with estate-style living or you are exploring a unique redevelopment opportunity, this property is a rare find.
Call today for a private tour.
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017