Building Details

Year Built 1915

Units 8

Listing Agency: Keller Williams Realty Liberty

Listed By: Carolyn A. DeFalco Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Oct 5 Last Checked: Oct 16 at 10:03AM

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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

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Current Use

Triplexes

Suggested Use

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

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

Explore this area 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

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?

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.