5052 Francis Lewis Blvd, Oakland Gardens, NY 11364

Property Description

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 installed Energy 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