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Property summary
This exceptional mixed-use property in Maspeth, NY, presents a lucrative investment opportunity. Situated on a 25 x 100 foot lot, the building boasts a substantial 25 x 45 foot footprint. The property features a fully renovated, oversized commercial space on the ground floor, currently configured as a large retail store with the potential for subdivision into two separate commercial units. Above the store are two spacious, fully renovated four-bedroom apartments, each generating significant… rental income. Current rental income is $4,500 per month for the commercial space and $4,235 per month for each of the two residential units. The property also includes a finished backyard and a large, unfinished basement offering additional potential for expansion or storage. The building's prime location in Maspeth, combined with its strong rental income and versatile layout, makes this an ideal investment for both seasoned and aspiring real estate investors seeking a high-return property in a desirable New York City neighborhood. The property is offered at $1,800,000. This represents a compelling opportunity to acquire a well-maintained, income-producing asset with significant upside potential. The current configuration and rental income provide immediate cash flow, while the flexible commercial space and ample basement offer opportunities for future value enhancement.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 22 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,030 SF
- Lot area
- 0.06 ac
- Year built
- 1899
- Stories
- 3
- APN
- 02703-0113
- Zoning
- R4
- Assessed value · 2024
- $72,120
- Annual tax · 2024
- $6,420
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $6,420
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line buildings, ensuring adequate open space and spacing for suburban style neighborhoods
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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