Well-Maintained Two-Family
59-82 58th Avenue Maspeth, NY 11378
New
59-82 58th Avenue, Maspeth, NY, 11378
$1,180,000
For Sale
$1,180,000
MULTI_FAMILY - Maspeth, NY
Property Size1,668 SF
Lot Size0.06 Acres
Price / SF$707.43
Days on Market2
Property Features for 59-82 58th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,668 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6909
Utilities
- Heating system
- Natural Gas, Steam, Zoned
Building Details
- Year built
- 1915
- Flooring type
- Hardwood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(917) 530-5075
38-19 UNION ST SUITE 201, FLUSHING, NY
Listed by
Lucy Lu
Added: Jul 16 Checked: Jul 17 at 2:06 am
MLS# 11889335
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Well-maintained two-family home on a quiet residential block, offering a total of 5 bedrooms and 2 full bathrooms. Interior features include hardwood floors, spacious living areas, and a finished lower level. The home is equipped with natural gas heating and steam radiators, along with wall/window A/C units, and includes an in-home washer and dryer.
Located in Maspeth, NY in Queens County, the property is positioned for convenient access to shopping, schools, parks, restaurants, public transportation, and major highways, with connectivity to Queens, Brooklyn, and Manhattan.
This is a residential income property configuration suited to both owner-occupants and investors seeking a well-kept two-family layout.
Located in Maspeth, NY in Queens County, the property is positioned for convenient access to shopping, schools, parks, restaurants, public transportation, and major highways, with connectivity to Queens, Brooklyn, and Manhattan.
This is a residential income property configuration suited to both owner-occupants and investors seeking a well-kept two-family layout.
Key Highlights
- Well‑maintained two‑family home built in 1915
- 5 total bedrooms and 2 full bathrooms
- Hardwood floors and vinyl siding
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 | $77.1k | $46.20 |
| − Vacancy | −$2.9k | −$1.76 |
| EGI | $74.1k | $44.44 |
| − OpEx | −$33.4k | −$20.00 |
| NOI | $40.8k | $24.44 |
1,668 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$582.5K
$509.7K – $679.6K
NOI $40,773 @ 7.0% cap · market cap 3.46%
Second Best
Multifamily LT 5
$394.4K
$345.1K – $460.1K
NOI $27,608 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,077 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family residence with hardwood floors, finished lower level, and in-unit washer and dryer.
Where is this duplex located?
The property is located at 59-82 58th Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1915; 5 total bedrooms and 2 full bathrooms; Hardwood floors and vinyl siding
