Welcome to 67 27 52nd Avenue, a rare Maspeth opportunity offering a unique combination of residential income potential and future development possibilities.


Property

Website:https://www.nestseekers.com/5643069
Address:
New York, NY 11378
Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$1,478,000
Annual Taxes:$7,821.32

Description

Welcome to 67-27 52nd Avenue, a rare Maspeth opportunity offering a unique combination of residential income potential and future development possibilities. This offering includes two separate 25x100 lots totaling 50x100 square feet, including the existing detached two-family residence at 67-27 52nd Avenue, and the separate, but adjacent vacant lot at 67-25 52nd Avenue. The existing two-family home features a recently updated second-floor apartment, while the first-floor unit provides an opportunity for renovation and customization. A rare detached two-car garage, along with an expansive driveway, provides parking for approximately 5–6 vehicles, offering a level of convenience rarely found in Maspeth. The adjacent 25x100 vacant lot is currently maintained as a landscaped garden space, creating an approximately 2,500-square-foot private yard rarely available in Maspeth. The two separate lots together also create a significant development opportunity. With R4-1 zoning, the property may offer potential for the development of two new two-family residences, subject to applicable zoning regulations and professional review. Conveniently located near 69th Street, providing access to multiple bus routes and public transportation options, with a nearby train station offering additional commuting convenience. This is an exceptional opportunity for developers, investors, or homeowners seeking a rare Maspeth two-family property with an expansive private yard, detached garage, abundant parking, immediate income potential, and future upside. Property to be sold vacant and as-is in all respects. Though believed accurate, all information including taxes, schools, zoning, use, and development potential must be independently verified. Taxes are stated for 2025-2026. Schools are as reported by Niche. Owner, Listing Agents & Listing Brokers are not responsible for any inaccuracies, prospective buyers & their agents must confirm all facts.

Amenities

  • Back Yard
  • Cable - Available
  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of DynamicEdge Realty LLC