Maspeth Homes with Mixed Use Subtype

Maspeth, located in Queens, New York, is a vibrant neighborhood known for its diverse community and convenient location. With a mix of residential and commercial properties, Maspeth offers a unique real estate opportunity with homes featuring a Mixed Use Subtype.

Homes with a Mixed Use Subtype in Maspeth provide the flexibility of combining residential and commercial spaces. This subtype is ideal for those looking to live and work in the same location or for investors seeking properties with multiple income streams. Whether you are interested in owning a storefront with living space above or a property that can be used for both residential and commercial purposes, Maspeth's mixed-use homes offer versatility and potential for a variety of uses.

With its proximity to major highways, public transportation options, and a range of amenities including parks, schools, and restaurants, Maspeth is a desirable location for those seeking a dynamic urban lifestyle with a touch of suburban charm. Explore the unique real estate opportunities in Maspeth and discover the potential of owning a home with a Mixed Use Subtype in this thriving neighborhood.

Newest Maspeth Homes with Mixed Use Subtype

$1,799,999

989328 MLS

Income-producing mixed-use property in the heart of Maspeth featuring a vacant ground-floor commercial space and residential units above, offering strong income potential and value-add opportunity. The commercial unit is equipped with an existing hood and gas line, making it suitable for a variety of uses (subject to tenant verification and approvals). The vacancy of the commercial space allows a new owner to set market rent and maximize returns. The upper level consists of two residential units currently occupied on a month-to-month basis, providing immediate income with flexibility for future adjustments. The property also includes additional income from garage spaces. Recent upgrades include a newly installed roof (under warranty) and a boiler less than one year old, reducing near-term capital expenditures. Projected income potential is estimated to exceed $10,000/month based on market conditions and achievable rents. Buyers are encouraged to perform their own due diligence regarding income, expenses, and permitted use. Located in a high-demand area of Maspeth with convenient access to major transportation routes, this property presents an excellent opportunity for investors seeking stable income with upside potential.

6042 55th Street, Maspeth

$1,675,000

958681 MLS

Three Story Mixed-Use Building Featuring A Street Level Retail & Five Apartments. NO RENT CONTROL / STABILIZATION 5 FREE-MARKET TWO BEDROOM APARTMENTS PLUS GARAGE. Property Is Currently 100% Tenanted And It Already Generates A Good Cash Flow. Even So, All Gross Rents Are Substantially Below Market Value And Present Tremendous Opportunity To Reposition And Significantly Increase the Income. Each Apartment Consists of Two Bedrooms And Tenants Have No Leases. Commercial Space Lease Expires in Few Months. Some Units Have Been Significantly Updated Throughout The Years And Are In A Good Condition. Also Big Ticket Mechanicals Such As A Central Heater & A Water Heater Have Been Upgraded Approximately 2 Years Ago While The Roof Has Been Redone Last Year. Positioned In The Heart Of Maspeth, This Property Is Surrounded By An Exciting Blend Of Commerce & Connectivity. Perfect For 1031 Exchange & Investors Looking For Significant Upside Through Lease-Up & Renovation.

6165 56th Road, Maspeth

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.