6016 69th Lane
About This Property
The property was renovated in 2018 and features approximately 9-foot ceilings, skylights, newer windows, a one-car garage, and separate gas and electric meters. The spacious lot and excellent layout provide comfortable living space with great potential for future customization.
Located in an R4A zoning district, offering potential for conversion to a two-family residence, subject to NYC DOB approval and applicable zoning requirements.
Situated in a peaceful, elevated section of Maspeth, this home enjoys a quiet neighborhood setting while remaining conveniently close to local shopping, restaurants, and everyday amenities. Just approximately 6 minutes to nearby Q14, Q67, Q59, Q58 and Q98 bus service, with convenient connections to subway transportation.
A wonderful opportunity for homeowners, investors, a garage, and a prime Maspeth location. Don't miss this unique opportunity!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | Listed by B Square Realty | $1,080,000 | |
| Listed by B Square Realty | |||
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $650,000 | |
| Listed | |||
| | |||
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Beautifully Positioned Semi Detached 1 Family. 6 Rooms, 3 Bdrms, Nice Yard. Basement, Private Driveway And A Large Garage. Updated Full Bath, Gas Heat. Close To Eliot Ave And The Qm24, & Qm 34 Express Bus To Manhattan. The manager has listed the unit size as 1172 square feet.
| |||
| Mar 15, 2018 | Listed by B Square Realty | $650,000 | |
| Listed by B Square Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017