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Mixed-Use Property with Garage Spaces
For Sale
$1,799,999

6042 55th St, Maspeth, NY 11378

Ground-floor commercial space with hood and gas service sits below two occupied residential units and supplemental garage income.

Property SizeContact for details
Days on Market48

Property Features for 6042 55th St

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: Loyaltty Inc
Listed By: Royer I. Silva
Source: Goatrealtyus
Added: Sep 8 Changed: Oct 7 Last Checked: Oct 7 at 2:23PM

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 Loyaltty Inc

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Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property combines a vacant ground-floor commercial space with two residential units on the upper level. The commercial area includes an existing hood and gas line, with any future use subject to tenant verification and required approvals. The residential units are occupied on a month-to-month basis, providing current occupancy flexibility, while garage spaces contribute additional income.

Recent capital improvements include a newly installed roof covered by a warranty and a boiler that is less than one year old. The property is located in Maspeth with access to major transportation routes.

Key Highlights

  • Mixed‑use building with vacant ground‑floor commercial space and two residential units above
  • Existing hood and gas line in the commercial space
  • Two upper‑level residential units occupied on a month‑to‑month basis

Property Analytics

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Current Use

Duplexes

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space with hood and gas service sits below two occupied residential units and supplemental garage income.
Where is this mixed-use property located?
The property is located at 6042 55th St Maspeth, NY.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Mixed‑use building with vacant ground‑floor commercial space and two residential units above; Existing hood and gas line in the commercial space; Two upper‑level residential units occupied on a month‑to‑month basis
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