Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
48-22 Oceania Street
Interested in this property?
Active For Sale Multi Family

$1,649,000

$804 per sq ft

48-22 Oceania Street

Bayside, Queens

MLS® #RLS20104002

RLS at REBNY

Listing by R New York

2

Bedrooms

2

Baths

2,050

Sq. Ft.

1950

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,050 sq ft
Lot Size 6,000 sq ft
Year Built 1950
Ownership None
Property Taxes $8,400/yr
Neighborhood Bayside

Property Highlights

  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 5
Baths 2 Full
Pets Yes
Cross Street 48th Avenue/50th Avenue
Year Built 1950
Living Area 2,050 sq ft
Architectural Style WalkUp
Structure Type MultiFamily
Lot Size 6,000 sq ft
Block/Lot 7367/0016

Listing History

Event Date Price Change
Listed Jul 16, 2026 $1,649,000 -
Currently Jul 16, 2026 $1,649,000 -

Description

This well-maintained brick two-family home offers an exceptional opportunity on a larger-than-usual 60 x 100 ft lot (6,000 sq ft) in prime Oakland Gardens. Zoned R2A, it delivers 2,073 sq ft above grade plus a finished basement and room to expand by 900+ sq ft. (Confirm with your architect) Key Features: Ground floor with 2 bedrooms and comfortable living areas Upper apartment with separate entrance and 1 bedroom Finished basement with separate entrance offering additional living space, bedroom potential, and flexibility 3 full bathrooms Beautiful hardwood floors throughout Detached 2-car garage + private driveway Spacious, sunny backyard ideal for entertaining or relaxation Location & Schools: Top-rated School District 26 – P.S. 203 Oakland Gardens, P.S. 31 Bayside (Elementary), I.S. 74 & I.S. 25 (Middle), Bayside High School & Benjamin N. Cardozo High School (High) Easy access to LIRR Bayside station, buses, and major highways Minutes to Alley Pond Park, Cunningham Park, Bell Blvd shops & restaurants, and waterfront areas A versatile, solid home with strong income potential and multiple separate entrances in a family-friendly, tree-lined neighborhood. Don’t miss this one!

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 2
Structure MultiFamily
Style WalkUp

Financial Details

RE Taxes $8,400/yr ($700/mo)

Bayside is an established residential neighborhood in Northeast Queens, known for its suburban feel and convenient transit access. The area is centered around Bell Boulevard, which offers dining and shopping options. The real estate market features single-family homes, garden apartment cooperatives, and modern condominiums, with access to the Cross Island Parkway and the LIRR.

Bayside Live Market Data

View Neighborhood

Active Listings

2

Median Asking Price

$927K

Median $/Sqft

$804

Avg Days on Market

N/A

New This Week

1

Price Reduced

50%

Sold (30 Days)

0

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 7/16/26, 12:32 PM EST

Recently Sold in Bayside

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Location

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48-22 Oceania Street, Bayside, Queens County • Near 48th Avenue/50th Avenue

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
1
Floors
2
Residential Units
R2A
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $75,300
Land Value: $15,120
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,000 SF
Building Area: 1,365 SF
Built FAR: 0.23
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $8,400, or roughly $700 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 2,050 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1950, making it approximately 76 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,649,000 for 2,050 sq ft, the asking price per square foot is approximately $804. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20104002
First Listed: 7/16/2026
On Market: 7/16/2026
Price Changed: 7/16/2026
Contract Date: 7/15/2026

Listing Courtesy of R New York - Steve Papadakis

Listing Contact: (646) 659-6436

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/16/2026 at 4:32 PM UTC

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