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Legal Two-Family Residence

6114 56th Drive Maspeth, NY 11378

6114 56th Drive, Maspeth, NY, 11378
$859,000
For Sale
$859,000

MULTI_FAMILY - Maspeth, NY

Property Size1,332 SF
Lot Size0.07 Acres
Price / SF$644.89
Days on Market46

Property Features for 6114 56th Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Basement, Bedroom 2, Bedroom 3, Bathroom 2
Parking features
On Street
Interior features
Eat-in Kitchen, Washer/Dryer Hookup
Basement
Unfinished
Standard status
Active
APN
02711-0048
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4294

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1930
Number of units
2
Flooring type
Carpet
Building materials
Frame
Listing Agency Capri Jet Realty Corp
533 Metropolitan Ave, Brooklyn, NY
Listed by Anetta Wojtasiewicz
Added: Jun 2 Checked: Jul 17 at 8:06 pm
MLS# 1007799 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This legal two-family residence in Maspeth is being offered vacant and includes an unfinished basement for storage. The first-floor unit features two bedrooms, one full bathroom, a kitchen, wall-to-wall carpeting, washer, window A/C units, and forced-air heating powered by natural gas. The second-floor apartment provides a one-bedroom, one-bathroom layout.

The property is situated on a 2,950 square foot lot with street parking available. It is located conveniently near the Brooklyn-Queens Expressway and Grand Avenue, with access to shopping, restaurants, schools, and public transportation.

Zoning is listed as R4-1 with an FAR of 0.45 and a max FAR of 1. The building dimensions are noted as 18 x 21 feet, with lot dimensions of 29.5 feet by 100 feet. The listing also notes the home may be sold as part of a package with the neighboring property at 61-12 56th Drive.

Key Highlights

  • Legal two‑family home in Maspeth with 1,332 SF total living space on a 2,950 SF lot
  • Layout includes a 2‑bedroom/1‑bath unit on the first floor and a 1‑bedroom/1‑bath apartment on the second floor
  • Unfinished basement for storage with washer/dryer hookup and forced‑air heating using natural gas

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.5k $46.20
− Vacancy −$2.3k −$1.76
EGI $59.2k $44.44
− OpEx −$26.6k −$20.00
NOI $32.6k $24.44
1,332 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$465.1K
$407.0K – $542.7K (±1% cap)
NOI $32,560 @ 7.0% cap · market cap 3.79%
Second Best
Multifamily LT 5
$315.0K
$275.6K – $367.5K (±1% cap)
NOI $22,047 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$982.0K
$859.2K – $1.15M (±1% cap)
NOI $68,738 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal two-family home with separate 2-bedroom and 1-bedroom units, an unfinished basement, and street parking available.
Where is this duplex located?
The property is located at 6114 56th Drive Maspeth, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Legal two‑family home in Maspeth with 1,332 SF total living space on a 2,950 SF lot; Layout includes a 2‑bedroom/1‑bath unit on the first floor and a 1‑bedroom/1‑bath apartment on the second floor; Unfinished basement for storage with washer/dryer hookup and forced‑air heating using natural gas
Contact an agent
More about this property
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