Maspeth Duplex Home For
For Sale
$979,000
5814 58th Ave, Queens, NY 11378
Well-maintained duplex in Maspeth, ideal for investors or homeowners.
Property Size1,260 SF
Lot Size0.04 Acres
Days on Market314
Property Features for 5814 58th Ave
General Information
Standard status
Active
Size
1,260 SF
Lot size
0.04 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$5,713
Building Details
Building Size
1,260 SF
Year Built
1920
Units
2
Listing Agency:
HomeXpress Realty, Inc.
Listed By:
Nathalie C. Francisco · License #3601709
(516) 300-2491
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 26
Last Checked: Oct 7 at 12:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeXpress Realty, Inc.
Investment Insights
Based on property information with market context.
This well-maintained duplex home is located in Maspeth. The property features two spacious units, each designed for functionality and convenience. The units include bright living areas, updated kitchens, and comfortable bedrooms. Natural light is abundant throughout the home. The property is situated on a quiet block and is close to schools, shopping, restaurants, and public transportation, providing convenient access to the amenities of Queens. A private backyard offers outdoor space suitable for entertaining or relaxation. This property is suitable for both investors and end users.
Key Highlights
- Two spacious units with updated kitchens, ideal for investors or end‑users.
- Located in the sought‑after Maspeth neighborhood in Queens.
- Close proximity to schools, shopping, restaurants, and public transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,800
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,000
$616.0K
Cap Rate 7%
$440,000
$440.0K
Cap Rate 9%
$342,222
$342.2K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$58.2K $46.20/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$56.0K $44.44/SF
− OpEx
−$25.2K −$20.00/SF
NOI
$30.8K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,000
Cap Rate 7%
$440,000
Cap Rate 9%
$342,222
Alternative Uses
Best Use
Apartment 5plus
$440.0K
$385.0K – $513.3K
NOI $30,800 @ 7.0% cap · market cap 3.15%
Second Best
Multifamily LT 5
$297.9K
$260.7K – $347.6K
NOI $20,855 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$928.9K
$812.8K – $1.08M
NOI $65,022 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,773
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in Maspeth, ideal for investors or homeowners.
Where is this duplex located?
The property is located at 5814 58th Ave Queens, NY.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Two spacious units with **updated kitchens, ideal for investors or end‑users.**; Located in the sought‑after Maspeth neighborhood in Queens.; Close proximity to schools, shopping, restaurants, and public transportation.
