6042 55th Street, Maspeth, NY 11378

Maspeth
Local realty services provided by:ERA Insite Realty Services
6042 55th Street,Maspeth, NY 11378
$1,799,999
  • 3 Beds
  • 2 Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: royer i. silva
Office: loyaltty inc
MLS#:989753
Source:OneKey MLS

Price summary

  • Price:$1,799,999
  • Price per sq. ft.:$642.86

About this home

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...

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Home facts

  • Year built:1920
  • Listing ID #:989753
  • Added:66 day(s) ago
  • Updated:June 29, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Living area:2,800 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:2,800 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$1,799,999
  • Price per sq. ft.:$642.86
  • Tax amount:$6,236 (2025)

Parking

  • Garage:Yes
  • Garage spaces:3
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