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$1,398,000
6 Beds 2 Baths 1047143 MLS
Excellent opportunity to own this well-maintained semi-detached brick 2-family home situated in a highly desirable neighborhood. Built on a generous 22’ x 103’ lot with an impressive 18’ x 60’ building footprint, this property features exceptional space, natural light, and immense income-producing potential.Both the 1st and 2nd floor units offer 3 spacious bedrooms, a large living room, a formal dining area and Eat-in Kitchen. The high-ceiling full basement boasts an outside separate entrance (OSE) and is equipped with split heating/cooling units. Additional highlights include a detached 2-car garage in the rear for effortless parking and storage, plus separate gas and electric meters—tenants pay their own utilities!Unbeatable location just steps from Grand Avenue's vibrant commercial corridor, restaurants, supermarkets, and top-rated schools. Commuter’s dream with multiple transit options nearby: Q58 direct to Flushing, Q39 just 8 minutes to the "M" subway station, and Q59 straight to Queens Center Mall. Perfect for primary homeowners looking for rental income or savvy investors seeking strong cash flow. Must-see!

5962 61st Street, Maspeth

$899,000
996389 MLS
Welcome to this fantastic two-family home located on a desirable corner property in the heart of Maspeth, Queens! This well-maintained property offers an excellent opportunity for homeowners and investors alike. The home features two spacious residential units, providing flexibility for multi-generational living or rental income. Outside, you'll find a detached two-car garage and a generously sized backyard, perfect for entertaining, gardening, or simply enjoying outdoor living. Situated on a corner lot, the property offers added privacy, extra outdoor space, and great curb appeal. Conveniently located near shopping, schools, parks, public transportation, and major highways, this home combines comfort, convenience, and outstanding potential. Don't miss the chance to own this versatile property in one of Queens' most sought-after neighborhoods! Sold As Is

60-27 60 Street, Maspeth

$1,399,999
990773 MLS
NEW PRICE– Now $1,399,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing 5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway ONLY $1,399,999! Don't miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1–4 family homes, making a property of this size a rare find. This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments. The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow. Property Highlights Price Reduced to $1,399,999 6 Total Apartments 5 Income-Producing Units 1 Unit Delivered Vacant $110,000+ Annual Income Rare 6-Family Building in a Neighborhood Dominated by 1–4 Family Homes Sunny Corner Location with Excellent Natural Light Full Basement Private Backyard Fenced Private Driveway with Parking for 2 Cars min. Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities Whether you're an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood. Price Improvement – Now Offered at $1,399,999. Schedule your private showing today.

5427 Arnold Avenue, Maspeth

$1,799,999
3 Beds 2 Baths 989753 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

$1,550,000
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

$1,149,000
6 Beds 2 Baths 919629 MLS
Welcome to this beautifully renovated duplex home in the heart of Maspeth! This move-in-ready vacant property features two spacious units with bright living areas, updated kitchens, modern bathrooms, and an abundance of natural light throughout. Recent upgrades include a brand-new roof, new kitchens, new flooring, fresh paint throughout, updated finishes, and a new deck, offering a truly turnkey opportunity for both investors and owner-occupants. There are also 4 electrical meters in the home. The home also features a full basement with a separate outside entrance, providing additional space and flexibility. Enjoy a private backyard perfect for entertaining, relaxing, or outdoor gatherings. Conveniently situated on a quiet residential block while remaining close to schools, shopping, restaurants, parks, and public transportation, this property offers the perfect blend of comfort, convenience, and investment potential. Don't miss this exceptional opportunity to own a fully renovated duplex in one of Queens' most sought-after neighborhoods.

5814 58th Avenue, Maspeth

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.