$959,000

FOR SALE

5052 Francis Lewis Blvd

New York, Ny, 11364

MLS #1046103

Subdivision: -

Building: -

2 Beds

1/1 Baths

896 sqft

$ 1,070.31 /sqft

Property Details

Welcome to this fully updated home situated on a rare corner lot in prime NYC School District 26.Major Improvements & Upgrades:- Kitchen fully renovated in 2021- Full and half bathrooms renovated in 2021- Roof replaced in 2021- Windows replaced in 2021- Water heater installed in 2021- Oil boiler installed in 2022- Sump pump installed in 2022- Whole-house insulation installedEnergy Efficiency & Tax Abatement:Features a fully owned solar panel system that transfers with no lease or lien at closing. Recent production data shows approximately 115% solar offset, generating more electricity than the household consumes. The property also benefits from an active NYC solar property tax abatement of approximately $1,449 per year, reducing annual property taxes to approximately $6,371. The tax abatement runs through June 2030.Outdoor Space & Amenities:This corner property offers exceptional private outdoor space, including a fully fenced backyard and side yard, covered patio/entertaining area, above-ground pool, and a 1-car detached private garage with additional storage.Interior Features:Recessed lighting, updated flooring, ceiling fans, dedicated laundry space, abundant storage, and a finished lower level.Additional Development Potential: Property is situated in an R3-1 residential zoning district on an approximately 25' 97' corner lot. Recent NYC zoning changes may provide opportunities to further improve or expand the property, including a potential rear enlargement and/or accessory dwelling unit (ADU). The existing detached garage may also present potential for conversion to an ADU, subject to applicable zoning, building-code, fire-safety and permitting requirements. Conceptual studies indicate meaningful additional development potential; however, no representation is made as to the amount or type of development permitted. Buyers should independently verify all zoning, FAR, ADU eligibility and development rights with a licensed architect and the NYC Department of Buildings. See conceptual surveys that show potential additional building area.2 Bedrooms | 1.5 Bathrooms | Finished Basement | Detached Garage | Corner Lot | Owned Solar | Active Solar Abatement Through 2030

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Restrictions
-
Furnished
-
Flooring
Hardwood
No. of Floor
-
Terms Considered
-
Year Built
1955
Cooling
Wall/Window Unit(s)
Pets Allowed
-
Amenities
-
Interior
Breakfast Bar, Ceiling Fan(s), Kitchen Island, Storage
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Brick
Security
-
Heating
Oil, Steam
Garage/Carport
1
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Detached
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
Active
Listing Office
Cavestone Realty Inc

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Listing Courtesy of: Cavestone Realty Inc