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3-Family Home with Finished Attic

64-32 Perry Avenue Maspeth, NY 11378

64-32 Perry Avenue, Maspeth, NY, 11378
$1,588,000
For Sale
$1,588,000

MULTI_FAMILY - Maspeth, NY

Property Size2,652 SF
Lot Size0.06 Acres
Price / SF$598.79
Days on Market19

Property Features for 64-32 Perry Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath, Open Floorplan
Exterior features
Balcony
Standard status
Active
APN
02716-0024
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
10558

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Cooling system
Multi Units, Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
2004
Number of units
3
Building materials
Brick
Listing Agency Skylux Realty Inc
55 Northern Blvd Suite 302, FLUSHING, NY
Listed by Fei Guo
Added: Jun 29 Checked: Jul 17 at 6:06 pm
MLS# 1019901 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained 3-family home was built in 2004 and offers three distinct residential units plus additional flexible space in a finished attic. The first floor features a 2-bedroom, 1-bath layout. The second floor offers a 3-bedroom, 1-bath configuration. The third floor provides a 2-bedroom, 1-bath unit. The finished attic includes an additional 1-bedroom, 1-bath for adaptable use as extra living space or bonus rental potential.

The building measures 17 by 52 feet and sits on a 2,504 sq. ft. lot. The total living space is approximately 2,652 sq. ft. The property has separate utilities across the building, supported by three gas boilers, three gas meters, and three electric meters.

This is a practical fit for investors seeking a multi-unit setup with individually metered utilities, as well as owner-occupants who want to live in one unit while renting the others. The home is located near major Queens and Manhattan access routes, including I-495, I-278, the Midtown Tunnel, and major bridges, with convenient public transit access to the 7, M, and R subway lines and nearby bus routes.

Key Highlights

  • Well‑maintained 3‑family home built in 2004 with approximately 2,652 sq. ft. of living space on a 2,504 sq. ft. lot
  • Unit mix: 2BR/1BA on the first floor, 3BR/1BA on the second floor, and 2BR/1BA on the third floor
  • Finished attic includes an additional 1BR/1BA for flexible bonus space

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $122.5k $46.20
− Vacancy −$4.7k −$1.76
EGI $117.9k $44.44
− OpEx −$53.0k −$20.00
NOI $64.8k $24.44
2,652 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$926.1K
$810.3K – $1.08M (±1% cap)
NOI $64,827 @ 7.0% cap · market cap 4.08%
Second Best
Multifamily LT 5
$627.1K
$548.7K – $731.6K (±1% cap)
NOI $43,895 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $136,856 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Hair Salon

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

FAQs

What type of property is this?
Triplex - Well-maintained 3-family built in 2004 with separate utilities and flexible finished attic bonus space.
Where is this triplex located?
The property is located at 64-32 Perry Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,588,000.
What are key features of this property?
This property features: Well‑maintained 3‑family home built in 2004 with approximately 2,652 sq. ft. of living space on a 2,504 sq. ft. lot; Unit mix: 2BR/1BA on the first floor, 3BR/1BA on the second floor, and 2BR/1BA on the third floor; Finished attic includes an additional 1BR/1BA for flexible bonus space
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