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Brick Quadplex
For Sale
$1,550,000

60 60th Rd, Maspeth, NY 11378

Legal four-family property with flexible occupancy options, separate tenant utilities, basement laundry, and private outdoor space.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market207

Property Features for 60 60th Rd

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Residential Income

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $13,767

Amenities

private backyard
laundry
recreation space

Building Details

Buildings 1
Construction brick
Listing Agency: EXP REALTY
Listed By: Lily G. Tran CBR
Source: Exprealty
Added: Feb 5 Changed: Aug 30 Last Checked: Aug 30 at 1:08PM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This legal four-family brick building contains three two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. The property includes a full basement with recreation space, storage, laundry, and utility areas, along with a private backyard. Individual tenants pay their own electric and gas, and basement washers and dryers are connected to the respective meters.

All units are occupied by month-to-month tenants, with no leases currently in place. The property may also be delivered vacant, offering flexibility for an owner seeking on-site occupancy or a revised rental arrangement. The building sits on a 25 x 100 lot and measures 20 x 72. A gas furnace was installed in November 2022, the roof was replaced in 2013, and the hot water heater was updated in 2025.

Located on a quiet residential block in Maspeth, the property provides access to transportation, shopping, and local amenities. The projected cap rate with adjusted rents is approximately 5 - 6%.

Key Highlights

  • Legal four‑family configuration with three two‑bedroom units and one one‑bedroom unit
  • Month‑to‑month occupancy with no leases in place; vacant delivery is also available
  • 25 x 100 lot with a 20 x 72 building

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Acupuncture

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,430
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Legal four-family property with flexible occupancy options, separate tenant utilities, basement laundry, and private outdoor space.
Where is this quadplex located?
The property is located at 60 60th Rd 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 four‑family configuration with three two‑bedroom units and one one‑bedroom unit; Month‑to‑month occupancy with no leases in place; vacant delivery is also available; 25 x 100 lot with a 20 x 72 building
More about this property
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