Exceptional 4-Family Investment Opportunity in Maspeth

Calling all savvy investors! This is your chance to secure an outstanding income-generating property. This unique 4-family gem in Maspeth offers unparalleled potential. Here's what makes it truly special: Property Highlights Four 2-bedroom railroad apartments, each boasting a generous 900 sqft of living space. Very Unique property every room has windows , due to the air shaft which will bring in extra light to each room compared to other 4 family that have windows in the front and back. This unique property has windows in every room . Every unit is thoughtfully designed, featuring a open living room, a cozy eat-in kitchen, a full bathroom and two inviting bedrooms with ample natural light. A fully finished 2-bedroom unit in the basement adds to the property's income potential.

Situated on a 25x100 lot, there's ample room for future expansion or creating an outdoor oasis. A total of 3, 400 sq ft of well-utilized living space. The property brims with untapped potential, offering you various opportunities to maximize returns. Recent Renovatons: Enjoy peace of mind with recent upgrades that include a new roof (only 1 year old), a water tank (2 years old) and a boiler that's a decade old. These updates not ensure the property's longevity but also enhance its appeal to prospective tenants. Tenants are responsible for their cooking gas and electric, minimizing your expenses. Prime Location Nestled in Maspeth, this property is ideally located near the knockdown center, local shops an d reliable transportation options. The L train is minutes away, offering a swift 20-minute commute to 14th Street in Manhattan and a mere 5-minute journey to Williamsburg. Don't miss out on this exclusive investment opportunity. Explore the remarkable potential of this unique 4-family property in Maspeth.

Request Information
on 60-23 54th Pl
in Maspeth, NY
Presented by Raymond Rivera, Agent at
One Stop Multi Service Inc.


Property MLS #3515134 from OneKeyMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Other Rooms

Total Rooms: 16
Basement Features: Finished, Full
Living Room Level: First
Basement Description: Finished, Full

+ Bathrooms

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

+ Interior Features

Eat-in Kitchen
Window Features: New Windows, Double Pane Windows

+ Heating and Cooling

Cooling Features: Window Unit(s)
Fuel Expense: 3300
Heating Features: Natural Gas, Hot Water

+ Kitchen and Dining

Kitchen Level: Second

+ Land Info

Lot Description: Near Public Transit
Lot Size Acres: 0.0573921
Lot Size Dimensions: 25x100
Lot Size Square Feet: 2500

+ Exterior and Lot Features

Road Responsibility: Public Maintained Road

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: Queens 24
High School: Maspeth High School
High School District: Queens 24
Middle School: Robert F Wagner Jr Secondary School
Middle or Junior School District: Queens 24
+ Display Complete School Details

Grover Cleveland H.S. is a public high school located approximately 0.3 miles away.
Map directions

Is 93 Ridgewood is a public middle school located approximately 0.8 miles away.
Map directions

ACE Academy for Scholars at the Geraldine Ferraro Campus is a public elementary school located approximately 0.3 miles away.
Map directions

Notre Dame Catholic Academy is a private elementary and middle school located approximately 0.5 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 4

+ Rental Info

Tenant Pays: Cooking Gas, Electricity

+ Amenities and Community Features

Community Features: Park, Near Public Transportation

+ Other Property Info

Annual Tax Amount: 9182.00
Tax Block: 2636
Source Listing Status: Pending
County: Queens
Availability Date: 2024-05-17
Cross Street: Flushing Ave
Directions: Google maps
List Price Low: 1550000
Source Property Type: Residential Income
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Insurance
Parcel Number: 02636-0036
Township: Queens
Property Subtype: Multi Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$130,500 + $88,650 $219,150	$8,482
2021	$107,550 + $88,650 $196,200	$8,504
2020	$126,900 + $88,650 $215,550	$8,373
2019	$119,250 + $88,650 $207,900	$7,840
2018	$35,932 + $21,647 $57,579	$7,261
2017	$32,107 + $21,225 $53,332	$6,783
2016	$29,933 + $23,399 $53,332	$6,876
2015	$27,705 + $23,938 $51,643	$6,653
2014	$27,071 + $20,750 $47,821	$6,147
2013	$26,945 + $17,347 $44,292	$5,722
2011	$21,919 + $19,106 $41,025	$5,478
2010	$13,156 + $27,869 $41,025	$5,260
2009	$17,891 + $21,835 $39,726	$4,870
2007	$22,087 + $9,471 $31,558	$3,764

+ Reveal Property Sale History

Listing removed 2024-06-24
$1,550,000
MyStateMLS

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Listing removed 2024-06-23
$0
MyStateMLS

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Listed 2024-06-22
$1,550,000
MyStateMLS

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Listed 2023-11-07
$1,550,000
OneKeyMLS

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Listing removed 2017-06-16
$1,400,000
MyStateMLS

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Listed 2017-05-13
$1,400,000
MyStateMLS

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Sold 2007-11-20
$625,000
Public Record

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Sold 1999-07-02
$165,000
Public Record

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Sold 1988-02-04
$218,000
Public Record

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Sold 1985-04-08
$143,000
Public Record

+ Building and Construction

Total Square Feet Living: 3600
Year Built: 1915
Common Walls: 1 Common Wall
Construction Materials: Advanced Framing Technique, Aluminum Siding
Direction Faces: North
Levels: Two
Property Age: 109
Property Attached: Yes
Year Built Effective: 2020
Architectural Style: Two Story

+ Utilities

Sewer: Public Sewer
Water Source: Public