60-33 Eliot Ave Maspeth, NY 11378
This exceptional offering presents a unique opportunity to acquire a substantial mixed-use property in the desirable Maspeth neighborhood of Queens, New York. The property, located at 60-33 Eliot Avenue, encompasses three commercial parcels totaling 10,000 square feet, along with an existing one-family home. The land itself comprises 2,621 square feet, zoned V1, and benefits from a 428X abatement tax. The existing house features two bedrooms, two full bathrooms, and a full finished basement. This property is being sold as a single unit, including both the land and the house, and presents significant potential for development. Its prime location offers easy access to Metropolitan Avenue, public transportation, and major highways. The property is situated within School District 24, adding to its appeal. The combined land parcels (Block 2736, Lot 28/30/31) offer a compelling opportunity for the construction of a new mixed-use building, combining commercial and residential spaces. The asking price for this exceptional property is $2,499,000. This is a rare chance to acquire a substantial property in a thriving area with excellent development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.