Detached Two-Family
6075 59th Avenue, Maspeth, NY 11378
For Sale
$1,299,000
Occupied duplex with two apartments, a finished basement, shared driveway, and rear two-car garage access.
Property Size3,000 SF
Days on Market55
Property Features for 6075 59th Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Trademarko Realty Inc
Listed By:
Marek Sobolewski · License #10311207231
(718) 710-8170
Source:
Serhant
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 6 at 2:18PM
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 Trademarko Realty Inc
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Investment Insights
Based on property information with market context.
This detached duplex contains two two-bedroom apartments, each measuring approximately 1,100 square feet. The units include separate bedrooms, open living and dining areas, kitchens, closet storage, and hardwood flooring. A finished basement with tile flooring adds additional interior space, while the shared driveway leads to access for a two-car garage at the rear. Updated electrical and plumbing systems are also in place.
The property is located near the retail and restaurant offerings along Grand Avenue and Fresh Pond Road, with local bus service nearby. It is delivered occupied and was built in 1915.
The property is located near the retail and restaurant offerings along Grand Avenue and Fresh Pond Road, with local bus service nearby. It is delivered occupied and was built in 1915.
Key Highlights
- Two two‑bedroom apartments, each approximately 1,100 square feet
- Finished basement with tiled flooring
- Shared driveway with access to a two‑car rear garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,333
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
$1.5M
Cap Rate 7%
$1,047,614
$1.0M
Cap Rate 9%
$814,811
$814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 5.65%
Second Best
Multifamily LT 5
$709.4K
$620.7K – $827.6K
NOI $49,655 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,814 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,387
Businesses Nearby
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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
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Market
Properties on Market for Duplexes in Maspeth
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Occupied duplex with two apartments, a finished basement, shared driveway, and rear two-car garage access.
Where is this duplex located?
The property is located at 6075 59th Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two two‑bedroom apartments, each approximately 1,100 square feet; Finished basement with tiled flooring; Shared driveway with access to a two‑car rear garage
