25 Bay Street

Description

A Rare DOUBLE LOT Opportunity 7,500 SQFT (75' x 100') with 5,625 SQFT BUILDABLE FAR!! PRIME LOCATION on City Island, near the water, with water views! BACK ON THE MARKET. This serene property offers extraordinary potential and undeniable value. Very few properties have this size allotted on City Island. What stands out additionally is its prime location on Bay Street with private beach access! Don't let its current footprint deceive you this home feels spacious, airy, and contemporary. Featuring 3 large bedrooms, a generously sized living room with bay windows and beautiful views. The open-plan kitchen layout is ideally transformed into a chef's kitchen, and with the adjoining dining room that opens directly to a large deck - you have the perfect set-up for entertaining and enjoying alfresco meals. Now imagine adding a second floor! - With sweeping water views!! Add a second large deck, and perhaps a pool under the beautiful Mulberry tree (inspirational purposes only; plans subject to DOB approval). The finished lower-level additional room (not included in the listed square footage) offers multiple possibilities. This level is also perfectly adaptable to the addition of another full bathroom, and the annexed unfinished basement provides exceptional storage. Ultimately, it's the location with its connection to the water combined with the rare double-sized 7,500 SQFT lot and total 5,625 SQFT buildable FAR that make this a truly one-of-a-kind opportunity. A serene setting, extraordinary potential, and undeniable value. Low taxes ($7,013 / year), and no flood insurance required. Features include: Central HVAC Hardwood Floors Private Driveway Contact the listing broker directly for more information or to schedule a private showing. A walk-through video is available upon request. The City Island Lifestyle City Island is a rare gem a tight-knit coastal village within New York City. Home to yacht clubs, private beaches, art galleries, boutique shops, and renowned waterfront dining - it offers a lifestyle unlike anywhere else in the city! Residents enjoy: A true beach-town atmosphere Low taxes with high-quality city services Easy access to Manhattan by car or public transit A local library, post office, art galleries, cafes & restaurants, P.S. 175 City Island School, and more A vibrant boating, social, and cultural scene It's no wonder City Islanders rarely want to leave! (Read more about City Island in recent New York Times coverage: City Island, Bronx A Seaside Enclave Within the City)