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Homes for Sale with a Basement in Maspeth, NY

Welcome to your dedicated resource for homes for sale with a basement in Maspeth, NY. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Maspeth, NY agent, Walt Siefert specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the with a basement properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Homes for Sale with a Basement in Maspeth, NY

$1,550,000
7 Beds 4 Baths 958843 MLS
Free-Market Legal 4 Family Exceptional opportunity to own a well maintained legal 4 family property in the heart of Maspeth. This solid brick building offers immediate income with significant upside, making it ideal for investors or owner-occupants who want rental cash flow while living on-site. 3 - Two Bedroom One Bath and 1 - One Bedroom One Bath unit plus a full basement and a private backyard. All paying tenants - month-to-month with no leases in place, providing flexibility for the next owner. The property can also be delivered vacant, creating a rare chance to reset rents to market or configure for full owner occupancy. Each unit pays its own electric and gas. Tenants have individual washers and dryers in the basement connected to their respective meters. With rents adjusted to current market rates, the property projects an approximate 5 - 6% cap rate, offering strong long-term performance in a highly desirable Queens neighborhood. Situated on a 25 x 100 lot with an expansive building size of 20 x 72. Major mechanical updates provide peace of mind, including a new gas furnace installed in November 2022, a roof replaced in 2013, and a hot water heater updated in 2025. The building’s large basement includes a recreation space, storage, laundry and utility space. Situated on a quiet residential block with convenient access to transportation, shopping, and local amenities, this is a rare value add asset combining immediate stability with future upside. A true Maspeth investment gem.

60-58 60th Road, Maspeth

$1,770,000
9 Beds 7 Baths 940138 MLS
66-17 Clinton Avenue, Maspeth, Queens Brand New Construction • Never Lived In • 2-Family with 4-Income Potential • Private Driveway + Garage Positive Cash Flow Opportunity - $13,000 Monthly/ $156,000 Annually Welcome to 66-17 Clinton Avenue, a rare opportunity to own a brand-new, never-lived-in multi-family property in the heart of Maspeth. This spacious three-story home with a full basement is a legal two-family offering extraordinary flexibility and the potential for up to four income-producing units—perfect for investors or end-users seeking additional revenue. This property generates a positive cash flow! Call for details. Each floor features two full bathrooms, providing exceptional convenience and privacy. Every unit comes equipped with its own dedicated boiler and hot water heater, ensuring independent utilities and efficient maintenance—an ideal setup for multi-tenant living and multi unit investing! Enjoy the convenience of a private driveway, one-car garage, and space for multiple additional vehicles—a rare and super desirable feature in Queens. Located in a highly connected neighborhood, this property offers easy access to Manhattan, as well as nearby public transportation and major highways, making commuting simple and efficient. Property Highlights: - Brand new construction — never lived in - Three stories + full basement - 4 income potential - Separate boilers and hot water heaters for each unit; easy management - Private driveway + one-car garage; Multiple-car parking capacity - Convenient access to Manhattan, public transit, and highways - Minutes walk to super markets, retail shopping, great restaurants and malls - Great schools nearby A modern, well-built home with exceptional income potential and commuter convenience, 66-17 Clinton Avenue is a must-see for buyers seeking value, quality, and opportunity. Call today to schedule your private showing.

66-17 Clinton Avenue, 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.