For Sale · Listing by Revived Residential
69-02 BAYFIELD Avenue
Arverne, Queens
$1,199,000
69-02 BAYFIELD Avenue
MLS® #RLS20122702
Listing by Revived Residential
- 7
- Bedrooms
- 3.5
- Baths
- 3,932
- Sq. Ft.
- 1920
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Deck
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 26, 2026 | $1,199,000 | - |
| Currently | Oct 26, 2026 | $1,199,000 | - |
Description
Some properties are rare. Others are truly irreplaceable. Welcome to 69-02 Bayfield Avenue, an extraordinary waterfront offering on Jamaica Bay, available for the first time in generations. Set on an exceptionally rare 11,533-square-foot parcel measuring an impressive 64 feet wide by 180 feet deep, this remarkable property presents an opportunity that is nearly impossible to duplicate in New York City. With expansive grounds, breathtaking open-water views, a private boat slip, and the flexibility of a legal three-family residence, this is so much more than a home. It is an opportunity to own a piece of the waterfront and create a legacy for generations to come. The sheer size of this property is what immediately sets it apart. The enormous backyard stretches toward the shores of Jamaica Bay, while the exceptionally spacious side yard offers a level of openness, privacy, and outdoor freedom rarely found in the five boroughs. Whether you envision an incredible outdoor entertaining space, lush gardens, a waterfront retreat, or simply room for your family to enjoy, the possibilities are extraordinary. A newly constructed bulkhead and private boat slip provide direct access to the bay, making this a dream come true for boating enthusiasts and lovers of the water. Imagine spending your mornings fishing, afternoons jet skiing, weekends boating, and evenings watching the sun set over the seemingly endless waters of Jamaica Bay. This is not simply waterfront living; it is a lifestyle that few properties can offer. The existing residence is an approximately 3,932-square-foot legal three-family home, offering an exceptional opportunity for both end users and investors. The property comprises a spacious three-bedroom owner's residence, an additional three-bedroom apartment on the upper level, and a separate one-bedroom apartment, along with two distinct basement areas located toward the front and rear of the home. The configuration is ideal for multigenerational living, allowing extended family to enjoy their own private residences while remaining together on one extraordinary property. Alternatively, an owner can occupy one residence while collecting rental income from the others, potentially offsetting a substantial portion of their ownership expenses. For investors, the three legal units offer multiple income streams in an incredibly unique waterfront setting. Beyond the extraordinary lifestyle and income potential lies another compelling advantage: the land itself. With R4-1 residential zoning and an exceptionally rare 11,533-square-foot parcel measuring 64 feet wide by 180 feet deep, this property presents tremendous possibilities for the future. Whether you envision expanding the existing residence, creating a spectacular private waterfront compound, or exploring the property's full development potential, the opportunities are incredibly exciting. Buyers are encouraged to consult with an architect to explore the property's zoning, allowable buildable square footage, and development possibilities. What makes 69-02 Bayfield Avenue particularly special is that it appeals to so many different visions. For the waterfront enthusiast, it is a private gateway to boating, fishing, jet skiing, and everything Jamaica Bay has to offer. For the end user, it is an opportunity to enjoy an enormous property with the added financial benefit of rental income. For the multigenerational family, it offers the ability to live together without sacrificing independence. And for the investor or visionary buyer, it is an exceptionally rare piece of waterfront land with existing income-producing improvements and exciting long-term possibilities. There are properties you can renovate, properties you can expand, and properties you can build. But what you cannot create is another 64-by-180-foot parcel directly on Jamaica Bay, with this combination of waterfront access, outdoor space, residential flexibility, and extraordinary pot
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Arverne
View All Arverne ListingsArverne features a collection of low-rise residential cooperatives and traditional multi-family buildings. The area integrates ample green spaces and local parks into its layout. Connectivity is maintained by nearby subway lines, defining this distinct architectural corner of NYC.
Arverne Live Market Data
View NeighborhoodActive Listings
2
Median Asking Price
$1.05M
Median $/Sqft
$372
Avg Days on Market
N/A
New This Week
1
Price Reduced
50%
Sold (30 Days)
0
Median Sale Price
N/A
Live data from RLS at REBNY • Updated 10/26/26, 4:33 PM EST
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Location
69-02 BAYFIELD Avenue, Arverne, Queens County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $5,040, or roughly $420 per month. Verify the current assessment with your attorney before closing.
This property has 7 bedrooms and 3 full bathrooms and 1 half bathroom.
The listed interior living area is 3,932 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,199,000 for 3,932 sq ft, the asking price per square foot is approximately $305. 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) 416-7433Listing Courtesy of Revived Residential - Louis E Belisario
Listing Contact: (347) 702-3316
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/26/2026 at 8:33 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 69-02 BAYFIELD Avenue
At $1,199,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$239,800
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$11,990
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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