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Pre-War Quadplex with Vacant Delivery
For Sale
$1,575,000

60-64 54th Place, Maspeth, NY 11378

MULTI_FAMILY - Maspeth, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market238

Property Features for 60-64 54th Place

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Basement, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1
Parking features On Street
Interior features First Floor Bedroom, Eat-in Kitchen, Washer/Dryer Hookup
Elementary school district Queens 24
Middle school district Queens24
Directions From the east: I 495 to 69th/Grand exit, merge onto Queens Midtown Expy, turn Left onto Grand Ave (keep left - becomes Flushing Ave), Left onto 53rd St., Left onto Nurge Ave, Right onto 54th Pl.
Standard status Active
APN 02637-0021
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9467

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1915
Number of units 4
Building materials Frame
Listing Agency: Signature Premier Properties
Listed By: Patricia Baron CBR SFR
Added: Dec 18, 2025 Changed: Aug 1 Last Checked: Aug 13 at 12:06AM
MLS# 943859

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.

Investment Insights

Based on property information with market context.

Pre-war 4-family (quadplex) dwelling at 60-64 54th Place, featuring four semi-detached, railroad-style units. Each unit is described with a kitchen, living room, bedroom, bathroom, and an office or bonus room. The property has a full-size basement with an outside entrance. Interior features include first-floor bedroom options, eat-in kitchen space, and washer/dryer hookups. The building is frame construction and is heated with natural gas. Public water and public sewer service are provided, with parking on-street. Built in 1915, the property is being sold “As Is, Where Is,” and all 4 units will be delivered vacant upon closing.

Access to Midtown is supported by proximity to the Midtown Tunnel (4.5 miles), while other nearby crossings include the 59th St Bridge (6.2 miles) and the Williamsburg Bridge (4.6 miles). The M Train is about 1 mile away.

The property is classified as a 4-family dwelling (4 apartments per Certificate of Occupancy). Room count is provided for descriptive purposes only, and buyers should verify intended use with the NYCDOB.

Key Highlights

  • Four semi‑detached pre‑war units; delivered vacant upon closing
  • 0.0574‑acre lot with frame construction built in 1915
  • Full‑size basement with outside entrance

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Dental Office

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,766
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Pre-war four-family quadplex with four railroad-style units, fully vacant at closing, plus a full basement with outside entrance.
Where is this quadplex located?
The property is located at 60-64 54th Place Maspeth, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Four semi‑detached pre‑war units; delivered vacant upon closing; 0.0574‑acre lot with frame construction built in 1915; Full‑size basement with outside entrance
More about this property
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