Maspeth Legal 4-Family
60-58 60th Road, Maspeth, NY 11378
- Added:
- Feb 4, 2026
- Days on Market:
- 98
- Last Refresh:
- May 13 at 6:06 am
Property Features for 60-58 60th Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 5, Basement, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Parking features
- On Street
- Interior features
- Eat-in Kitchen, Walk-In Closet(s)
- Basement
- Finished, Full, Storage Space
- Standard status
- Active
- APN
- 02733-0037
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13767
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agent Lily G. Tran CBR (917) 279-0177
Listing office EXP Realty 6856 Groton St, Hauppauge, NY (888) 276-0630
Listing date Feb 4, 2026
MLS# 958843
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.
HighLights
- Legal 4‑family property in Maspeth offering immediate rental income.
- Flexibility to deliver the property vacant, allowing for resetting rents to market rates or full owner occupancy.
- Strong potential cap rate of approximately 5‑6% with rents adjusted to current market rates.
- Each unit has separate electric and gas meters, and tenants have individual washers and dryers connected to their meters.
- Major mechanical updates: new gas furnace (2022), roof replaced (2013), and hot water heater updated (2025).
- Convenient location with access to transportation, shopping, and local amenities.
Overview
This well-maintained legal 4-family property is located in the heart of Maspeth. The solid brick building offers immediate income with significant upside, making it ideal for investors or owner-occupants. The property features 3 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit, plus a full basement and a private backyard. All tenants are paying month-to-month with no leases in place, providing flexibility for the next owner. The property can also be delivered vacant, creating a chance to reset rents to market or configure for full owner occupancy. Each unit pays its own electric and gas. Tenants have individual washers and dryers in the basement connected to their respective meters. The property projects an approximate 5 - 6% cap rate with rents adjusted to current market rates. Situated on a 25 x 100 lot with a building size of 20 x 72, the building's large basement includes a recreation space, storage, laundry and utility space. Major mechanical updates provide peace of mind, including a new gas furnace installed in November 2022, a roof replaced in 2013, and a hot water heater updated in 2025. Situated on a quiet residential block with convenient access to transportation, shopping, and local amenities, this is a rare value add asset combining immediate stability with future upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Maspeth
- County
- Queens
- State
- New York
- Longitude
- -73.903846
- Latitude
- 40.71582
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained 4-family property in Maspeth with income potential.
Where is this quadplex located?
The property is located at 60-58 60th Road Maspeth, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Legal 4‑family property in Maspeth offering immediate rental income.; Flexibility to deliver the property vacant, allowing for resetting rents to market rates or full owner occupancy.; Strong potential cap rate of approximately 5‑6% with rents adjusted to current market rates.
