Two-Family Duplex with Private
5943 58th Avenue, Maspeth, NY 11378
For Sale
$998,000
Residential Income, Maspeth, NY
Property Size2,400 SF
Lot Size0.05 Acres
Price / SF$415.83
Days on Market13
Property Features for 5943 58th Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Basement
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
finished cellar
enclosed sunroom
private backyard
washer and dryer
Building Details
Year built
Number of units
Buildings
Listing Agency:
Prime America Real Estate Inc
(347) 725-3142
Listed By:
Enisa Pjetrovic
(917) 397-0515
Added: Nov 2
Changed: Nov 12
Last Checked: Nov 14 at 12:06AM
MLS# 1072375
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.
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Investment Insights
Based on property information with market context.
This two-family residence contains two apartments with a combined five bedrooms and separate living and dining areas. The first-floor unit connects to the cellar and backyard, while the upper apartment occupies the second floor. A finished cellar and enclosed sunroom add to the property’s usable space. Laundry hookups are included, and each apartment has its own heating burner and hot-water heater.
The building measures 20 by 40 feet and sits on a 20-by-100-foot lot, with approximately 2,400 square feet of interior area including the cellar. The private backyard provides outdoor space. Nearby amenities noted include shops, restaurants, schools, parks, and transportation.
The building measures 20 by 40 feet and sits on a 20-by-100-foot lot, with approximately 2,400 square feet of interior area including the cellar. The private backyard provides outdoor space. Nearby amenities noted include shops, restaurants, schools, parks, and transportation.
Key Highlights
- Two‑family configuration with five bedrooms across two apartments
- Approximately 2,400 square feet of interior area, including the cellar
- 20‑by‑100‑foot lot with a 20‑by‑40‑foot building footprint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,306
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,120
$1.2M
Cap Rate 7%
$847,229
$847.2K
Cap Rate 9%
$658,956
$659.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$92.2K $38.40/SF
− Vacancy
−$7.4K −$3.10/SF
EGI
$84.7K $35.30/SF
− OpEx
−$25.4K −$10.59/SF
NOI
$59.3K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,120
Cap Rate 7%
$847,229
Cap Rate 9%
$658,956
Alternative Uses
Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K
NOI $59,306 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,852 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,130
Businesses Nearby
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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
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Market
Properties on Market for Duplexes in Maspeth
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer five bedrooms, separate heating and hot-water systems, and access to a finished cellar.
Where is this duplex located?
The property is located at 5943 58th Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Two‑family configuration with five bedrooms across two apartments; Approximately 2,400 square feet of interior area, including the cellar; 20‑by‑100‑foot lot with a 20‑by‑40‑foot building footprint
