Four-Unit Railroad-Style
For Sale
$1,285,000
61-12 55TH Street, Queens, NY 11378
Four one-bedroom apartments offer separate kitchens, full bathrooms, and a potential owner-occupancy or rental strategy.
Property Size1,350 SF
Lot Size0.06 Acres
Price / SF$951.85
Days on Market32
Property Features for 61-12 55TH Street
General Information
Standard status
Active
Size
1,350 SF
Class
C3
Lot size
0.06 Acres
Property subtype
Multi Family
Zoning
R4
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,100
Building Details
Building Size
1,350 SF
Year Built
1915
Buildings
1
Listing Agency:
Douglas Elliman Real Estate
(646) 894-2771
Listed By:
Zofia Marszalek · License #10301206918
(646) 894-2771
Source:
Nobleblackandpartners
Added: Jul 14
Changed: Aug 5
Last Checked: Aug 14 at 1:10PM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential income property contains one-bedroom railroad-style apartments, each arranged with three rooms, a separate kitchen, and a full bathroom. One apartment will be delivered vacant, while the other three provide established rental occupancy. The building also includes an unfinished basement and a gas boiler, with separate utility metering consisting of five electric meters and five gas meters.
Built in 1915, the property occupies a 25-by-100-foot lot and contains approximately 1,350 square feet of building area. It is identified as Building Class C3 and is zoned R4. The property is positioned on the Ridgewood–Maspeth border, about 0.75 miles from the L and M subway lines, with shopping, restaurants, local parks, and major highways accessible from the surrounding area.
Built in 1915, the property occupies a 25-by-100-foot lot and contains approximately 1,350 square feet of building area. It is identified as Building Class C3 and is zoned R4. The property is positioned on the Ridgewood–Maspeth border, about 0.75 miles from the L and M subway lines, with shopping, restaurants, local parks, and major highways accessible from the surrounding area.
Key Highlights
- Four‑unit quadplex with one‑bedroom apartments
- One apartment delivered vacant; three remaining units provide rental occupancy
- Each apartment includes three rooms, a separate kitchen, and a full bathroom
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,619
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments offer separate kitchens, full bathrooms, and a potential owner-occupancy or rental strategy.
Where is this quadplex located?
The property is located at 61-12 55TH Street Queens, NY.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Four‑unit quadplex with one‑bedroom apartments; One apartment delivered vacant; three remaining units provide rental occupancy; Each apartment includes three rooms, a separate kitchen, and a full bathroom
