Excellent investment opportunity in Maspeth !


Property

Website:https://www.nestseekers.com/5642523
Address:
61-12 55th Street
Queens, NY 11378
Cross street:Arnold Avenue
Type:House
Era:Post-war
Floors:2
Ownership: Multi-Family
Rooms: 16
Bedrooms: Studio

Financials

Price:$1,285,000
Real estate tax:$8,100

Description

Excellent investment opportunity in Maspeth! This well-maintained four-unit property features four railroad-style one-bedroom apartments, each offering three rooms, a separate kitchen, and a full bathroom.

One apartment will be delivered vacant, providing an excellent opportunity for an owner-occupant or for achieving market rent. The remaining units offer steady rental income, making this an attractive property for both investors and end users.

Conveniently located on a border of Ridgewood and Maspeth, approximately 0.75 miles from the L and M subway lines, with easy access to shopping, restaurants, local parks, and major highways. A rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods. Unfinished basement. Gas boiler. 5 electric meters, 5 gas meters.

Lot size 25x100ft, bulding size 25x54ft. Building class C3, Zoning R4

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate