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58-69 59Th St Maspeth, NY 11378

For Sale
$1,700,000

Multi-Unit (2-4) - Maspeth, NY

Property size:
3,400 SF
Days on Market:
16
Last Refresh:
Dec 6 at 5:06 am

Property Features for 58-69 59Th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
5
Bathrooms
4
Parking features
Garage
Size
3,400 SF

Building Details

Floors in Building
3
Building materials
Brick
Roof type
Flat
Architectural style
Other

Soldano Realty (347) 517-4270

Listing agent Daniel Soldano (347) 517-4270

Listing date Nov 21, 2025

MLS# 11602695 Listing URL

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Maspeth Mixed-Use Development Opportunity

Located in Maspeth, Queens, this property features a double corner lot zoned R5B/C2-3, totaling 5,350 square feet (50 ft x 107 ft). The package includes a 3,400 square-foot, three-family brick home and an adjacent vacant lot. The property has frontage on 59th Street and 59th Avenue, with each lot measuring 25 ft x 107 ft. The existing three-family home measures approximately 25 ft x 55 ft across two floors, with the third floor measuring 25 ft x 24 ft. The second-floor apartment has been newly renovated. The R5B zoning allows for approximately 8,000 buildable square feet. The C2-3 zoning is a commercial overlay that permits a variety of commercial uses. Under the City of Yes zoning updates, the combined lots may qualify as a Qualifying Residential Site (QRS) due to its corner position, potentially allowing an enhanced 2.0 FAR and approximately 10,700-10,750 buildable square feet if the existing house is removed and a new building is constructed. This property presents an opportunity for mixed-use development with ground-floor commercial space and multiple residential units above. The property offers potential for residential or mixed-use development.
Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Maspeth
County
Queens
State
New York
Longitude
-73.907988
Latitude
40.719148

FAQs

What type of property is this?
Triplex - Three-family home and vacant lot with development potential.
Where is this triplex located?
The property is located at 58-69 59Th St Maspeth, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Rare double corner lot (50 ft x 107 ft) in Maspeth, Queens with R5B/C2-3 zoning.; - Significant development potential: potentially 10,700+ buildable sq ft under City of Yes zoning updates as a QRS (buyer to verify).; - Existing 3-family brick home (approx. 3,400 sqft) plus a vacant lot, offering immediate rental income or future expansion.
More about this property
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