$1,550,000
●
Multifamily -
In Contract
60-23 54th Place
Maspeth, NY 11378
8 Beds
5 Baths,
1
Half Bath
$8,376
Estimated Monthly
$0
HOA / Fees
8.70%
Cap Rate
About This Property
Exceptional 4-Family Investment Opportunity in Maspeth ,Calling all
savvy investors! This is your chance to secure an outstanding
income-generating property. This unique 4-family gem in Maspeth
offers unparalleled potential. Here's what makes it truly special:
Property Highlights Four 2-bedroom "railroad" apartments, each
boasting a generous 900 sqft of living space. Very Unique property
every room has windows ,due to the air shaft which will bring in
extra light to each room compared to other 4 family that have only
windows in the front and back. This unique property has windows in
every room . Every unit is thoughtfully designed, featuring a
spacious living room, a cozy eat-in kitchen, a full bathroom, and
two inviting bedrooms with ample natural light. A fully finished
2-bedroom unit in the basement adds to the property's income
potential. Situated on a 25x100 lot, there's ample room for future
expansion or creating an outdoor oasis. A total of 3,400 sq ft of
well-utilized living space. The property brims with untapped
potential, offering you various opportunities to maximize returns.
Recent Renovations: Enjoy peace of mind with recent upgrades that
include a new roof (only 1 year old), a water tank (2 years old),
and a boiler that's just a decade old. These updates not only
ensure the property's longevity but also enhance its appeal to
prospective tenants. Tenants are responsible for their cooking gas
and electric, minimizing your expenses. Prime Location Nestled in
Maspeth, this property is ideally located near the "knockdown
center," local shops, and reliable transportation options. The L
train is just minutes away, offering a swift 20-minute commute to
14th Street in Manhattan and a mere 5-minute journey to
Williamsburg. Don't miss out on this exclusive investment
opportunity. Explore the remarkable potential of this unique
4-family property in Maspeth.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$765
HOA Dues
-
Year Built
1915
Listed By
Last updated: 3 months ago (OneKey MLS #ONE3515134)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 8, 2024 | In contract | - | |
In contract | |||
Nov 6, 2023 | Listed by One Stop Multi Service Inc | $1,550,000 | |
Listed by One Stop Multi Service Inc | |||
Feb 20, 2007 | Sold to Nancy Leger | $625,000 | |
Sold to Nancy Leger |
Property Highlights
Air Conditioning
Parking Details
Parking Features: None
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 4
Interior Information
Interior Features: Eat-in Kitchen
Room 1
Level: First
Type: 1R 2Bedroom income $2100
Room 2
Level: First
Type: 1L
Room 3
Level: Second
Type: 2R 2Bedroom income $2000
Room 4
Level: Second
Type: 2R
Room 5
Level: Second
Type: 2R
Room 6
Level: Second
Type: 2R
Room 7
Level: Second
Type: 2R
Room 8
Level: Second
Type: 2L 2Bedroom income $1950
Room 9
Level: Second
Type: 2L
Room 10
Level: Second
Type: 2L
Room 11
Level: Second
Type: 2L
Room 12
Level: First
Type: 1R
Room 13
Level: Second
Type: 2L
Room 14
Level: Basement
Type: 1 2Bedroom income $650
Room 15
Level: Basement
Type: 1
Room 16
Level: Basement
Type: 1
Room 17
Level: Basement
Type: 1
Room 18
Level: Basement
Type: 1
Room 19
Level: First
Type: 1R
Room 20
Level: First
Type: 1R
Room 21
Level: First
Type: 1R
Room 22
Level: First
Type: 1L 2Bedroom income $2100
Room 23
Level: First
Type: 1L
Room 24
Level: First
Type: 1L
Room 25
Level: First
Type: 1L
Room Information
Rooms: 16
Basement Information
Basement: Finished, Full
Exterior Details
Property Information
Square Footage : 3600
Architectual Style: Two Story
Property Type: Residential Income
Property Sub Type: Multi Family
Road Responsibility: Public Maintained Road
Year Built: 1915
Year Built Effective: 2020
Building Information
Levels: Two
Building Area Units: Square Feet
Construction Methods: Advanced Framing Technique, Aluminum Siding
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $9,182
Utilities Details
Cooling: Yes
Cooling: Window Unit(s)
Heating: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
Directions: Google maps
County or Parish: Queens
Other Details
Selling Agency Compensation: 1
On Market Date: 2023-11-06
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
8
Beds
5
Baths
-
$1,450,000
Jun 11, 2023
$1,450,000
Dec 14, 2023
$765/mo
Sold
Multifamily
8
Beds
4
Baths
-
$2,150,000
Sep 12, 2021
$2,150,000
Mar 18, 2022
$703/mo
Sold
Multifamily
8
Beds
5
Baths
-
$1,200,000
Apr 11, 2022
$1,200,000
Sep 22, 2022
$693/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,200,000
Feb 11, 2022
$1,200,000
Aug 2, 2022
$623/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,350,000
Jul 14, 2021
$1,350,000
Jan 25, 2022
$654/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,100,000
Apr 6, 2020
$1,100,000
Aug 3, 2020
$653/mo
Multifamily
8
Beds
2
Baths
3,000 ft²
$550/ft²
$1,650,000
Jan 12, 2024
-
$513/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|