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$998,000
3 Beds ⋅ 3 Baths ⋅ 1038823 MLS
Exceptional Legal 2-Family Home in Maspeth! Discover a rare opportunity in the heart of Maspeth. This legal two family, semi detached home offers versatility, comfort, and strong investment potential. Featuring two well appointed modern apartments plus a full basement, the property is ideal for end users seeking additional income, multi generational living, or investors looking for a reliable rental asset in a high demand neighborhood. The first floor features a 1-bedroom apartment (previously a 2-bedroom apartment) with a modern kitchen, dining area, living room, and full modern bathroom. This floor, along with the basement, provides direct access to a large private, fenced backyard, ideal for entertaining, barbecues, or enjoying a quiet outdoor retreat. The second floor features a 2-bedroom apartment (previously a 3-bedroom apartment) with a living room, dining room, modern kitchen, and full bathroom. Updates include new windows (under warranty), new boiler & hot water heater, and a new roof (and coated in 2018). This home is located in a prime Maspeth location near shopping, dining, schools, parks, and transportation options including the local Q39, B57, and Q59 bus lines. Excellent opportunity for a 1031 exchange!

56-23 61st Street, Maspeth
$1,488,000
6 Beds ⋅ 6 Baths ⋅ 1018541 MLS
Beautiful Legal Three-Family Brick Home in Maspeth Located in the heart of Maspeth plateau this well-maintained legal three-family brick property offers an exceptional investment or owner-occupant opportunity. The building features three spacious two-bedroom apartments, each with two full bathrooms, providing comfortable living space and strong rental potential. Additional highlights include a full storage room on ground level, private driveway, two-car garage, and a backyard perfect for outdoor enjoyment. Conveniently situated near shopping, dining, transportation, and local amenities, this property combines space, functionality, and a desirable location. Property Features: Legal three-family brick building Three 2-bedroom apartments Two full bathrooms in each apartment Storage Room Private driveway Two-car garage Private backyard Tree-lined residential street Excellent investment or owner-occupied opportunity A rare opportunity to own a versatile multi-family property in one of Queens' most desirable neighborhoods.

6637A Jay Avenue, 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

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.