NY > Maspeth
Maspeth, NY 11378,60-85 54th Street
Maspeth, NY 11378,60-85 54th Street
Maspeth, NY 11378,60-85 54th Street
Maspeth, NY 11378,60-85 54th Street
Maspeth, NY 11378,60-85 54th Street
Maspeth, NY 11378,60-85 54th Street
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,150,000
Est. payment | /mo

4 Beds

4 Baths

2,000 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,000 SqFt

Open House

Sun Jan 11, 1:30pm - 2:30pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $575

MLS Listing ID 11629268

Style Triplex

Bedrooms 4

Full Baths 4

Annual Tax Amount $6,229

Lot Size 2,850 Sqft

Property Description

Turnkey three‑family (#3FAM) on the Maspeth / East Williamsburg / Ridgewood border offering immediate cash flow and long‑term upside. This legal three‑family features three residential units plus a massive finished basement and a large, usable rear yard-an ideal value‑add or long‑term buy‑and‑hold play in a high‑demand rental corridor. The layout includes two 1‑bedroom apartments on the first floor and a 2‑bedroom apartment on the top floor, currently occupied. With thoughtful upgrades and repositioning of the vacant units, an investor has clear runway to bring the units to full market rent and significantly improve the building's income profile and property value. Transportation is easy and renter‑friendly. A nearby bus line runs directly to the Grand Street L train, connecting to Union Square and the rest of Manhattan, making the property attractive to tenants who work in Manhattan or North Brooklyn creative/industrial hubs. Drivers benefit from plentiful street parking, and quick access to major routes linking Queens, Brooklyn, and Manhattan. Along Metropolitan Avenue and the surrounding blocks, tenants enjoy a growing mix of supermarkets, cafes, bars, restaurants, and local services, plus convenient access to the retail and employment centers of Ridgewood, East Williamsburg, and Bushwick-all without the premium pricing of those core neighborhoods. Mechanicals are in solid shape: the building offers a newer furnace and hot water heater, helping to keep operating costs predictable and reduce immediate cap‑ex for the next owner. Don't miss this well‑maintained, nearly turnkey three‑family with outdoor space, strong in‑place income, and clear upside in one of Queens' most strategically located, transit‑connected, and steadily appreciating border neighborhoods.

Location

State NY

County 36081

Rooms

Dining Room 0

Kitchen 0

Building

Story 2

Structure Type Frame

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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60-85 54th Street

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