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Listed price in listed location currency (USD).
$1,550,000

740

MLS® 958843

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $13,767
Days Active 14
Lot Size 0.0574 acres
Approx. Age 1915
MLS® Number 958843

Property Address: 60 60th Rd, Maspeth, NY, 11378-3517

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number958843
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.0574
Exterior
GarageNo
Approx. Age1915
BasementFinished, Full, Storage Space
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,550,000List Price
Sep 26, 2025End Date
$825,000Sold Price

Sold

Jul 9, 2025List Date
$849,000List Price
  • Commute

Commute

Starting Address
Destination Address
60 60 Th Rd, Maspeth, NY

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