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Legal Three-Family Corner Property
For Sale
$1,100,000
Pending

60-85 55 St, Queens, NY 11378

Semi-detached corner property with finished basement and two-car garage.

Property SizeContact for details
Days on Market277

Property Features for 60-85 55 St

General Information

Standard status Pending
Property subtype Investment

Taxes and HOA fees

Annual Taxes $6,311

Building Details

Year Built 1915
Units 8
Listing Agency: Keller Williams Realty Liberty
Listed By: Carolyn A. DeFalco
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 30 at 7:18PM

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 Keller Williams Realty Liberty

Investment Insights

Based on property information with market context.

This is a legal three-family, semi-detached corner property featuring a finished basement and a separate two-car garage. The property includes a new boiler and new windows. The roof is 15 years old. This property is located in Queens, NY. It is suitable for investors and offers good income potential.

Key Highlights

  • Legal 3‑family corner property, offering immediate rental income potential.
  • Finished basement adds living space and potential for additional income.
  • Separate 2‑car garage provides secure parking and storage.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hair Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,773
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Semi-detached corner property with finished basement and two-car garage.
Where is this triplex located?
The property is located at 60-85 55 St Queens, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Legal 3‑family corner property, offering immediate rental income potential.; Finished basement adds living space and potential for additional income.; Separate 2‑car garage provides secure parking and storage.
More about this property
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