Semi-Detached Duplex with
For Sale
$995,000
Pending
69-11 58th Rd, Maspeth, NY 11378
Residential Income, Maspeth, NY
Property Size1,752 SF
Lot Size0.05 Acres
Days on Market49
Property Features for 69-11 58th Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2
Interior features
Master Downstairs
Subdivision
Flushing
Standard status
Pending
Size
1,752 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9920
Utilities
Heating system
Natural Gas, Steam
Building Details
Year built
1940
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Flat
Listing Agency:
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(917) 530-5075
Listed By:
Liwen Zhua
Added: Sep 16
Changed: Oct 30
Last Checked: Nov 3 at 6:06PM
MLS# 11871205
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,752-square-foot semi-detached duplex contains two three-bedroom apartments, providing a six-bedroom residential configuration. The property also includes a full finished basement and a detached garage. Interior details include hardwood flooring, updated kitchens, ample closet storage, and a downstairs primary bedroom. Vinyl siding, a flat roof, and natural gas steam heating serve the 1940-built home.
Set on a 0.0492-acre lot at 69-11 58th Rd in Maspeth, the property is positioned on a quiet block near 69th Street. Shopping and mass transit are located nearby, adding convenience for occupants. The home is in Queens County, NY 11378.
Set on a 0.0492-acre lot at 69-11 58th Rd in Maspeth, the property is positioned on a quiet block near 69th Street. Shopping and mass transit are located nearby, adding convenience for occupants. The home is in Queens County, NY 11378.
Key Highlights
- Two three‑bedroom apartments in a semi‑detached duplex
- 1,752 square feet on a 0.0492‑acre lot
- Full finished basement and detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,827
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,540
$856.5K
Cap Rate 7%
$611,814
$611.8K
Cap Rate 9%
$475,856
$475.9K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$80.9K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$77.9K $44.44/SF
− OpEx
−$35.0K −$20.00/SF
NOI
$42.8K $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%
$856,540
Cap Rate 7%
$611,814
Cap Rate 9%
$475,856
Alternative Uses
Best Use
Apartment 5plus
$611.8K
$535.3K – $713.8K
NOI $42,827 @ 7.0% cap · market cap 4.30%
Second Best
Multifamily LT 5
$414.3K
$362.5K – $483.3K
NOI $28,998 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,412 @ 7.0% cap · market cap 9.09%
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
1,819
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments with finished basement space, hardwood floors, and natural gas steam heat.
Where is this duplex located?
The property is located at 69-11 58th Rd Maspeth, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two three‑bedroom apartments in a semi‑detached duplex; 1,752 square feet on a 0.0492‑acre lot; Full finished basement and detached garage
