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Corner Apartment Building
For Sale
$1,288,000

54-27 Arnold Avenue, Maspeth, NY 11378

Commercial Sale, Maspeth, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market10

Property Features for 54-27 Arnold Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning r4
Rooms Basement
Parking 3
Parking features Driveway, Oversize, Carport, Parking Lot
Basement Partially Finished, Finished, Storage Space
Appliances Gas Oven, Gas Range, Refrigerator, Washer
Elementary school Ace Academy For Scholars
Middle school Is 93 Ridgewood
High school Grover Cleveland High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Directions a block away from Metropolitan Ave and Arnold Ave, right behind McDonald's
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13257

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1915
Floors in Building 3
Number of units 6
Building materials Block, Brick
Listing Agency: Trademarko Realty Inc
Listed By: Peter Nowik · License #10401329596
Added: Sep 22 Changed: Oct 1 Last Checked: Oct 1 at 7:06PM
MLS# 1054221

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 corner multifamily property is a brick-and-block apartment building constructed in 1915. One apartment is vacant, and the site includes a private driveway with three parking spaces. The building has a basement, gas heating, and a kitchen equipped with a gas oven, gas range, and refrigerator, along with a washer. Public water and sewer serve the property.

Located in Maspeth, Queens, the property occupies a 0.0574-acre lot and is zoned R4.

Key Highlights

  • Multifamily apartment building at a corner site
  • One vacant apartment
  • Private driveway with three parking spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,619
Businesses Nearby

Demographics for 11378, NY

38,288
Population
14,522
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
15,953
Density / Sq Mi
$84,762
Median Household Income
$52,281
Median Earnings
$1,932
Median Rent
$832,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - One apartment is vacant, and the property has private driveway parking.
Where is this apartment building located?
The property is located at 54-27 Arnold Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Multifamily apartment building at a corner site; One vacant apartment; Private driveway with three parking spaces
More about this property
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