62-68 60TH Avenue
About This Property
ALL SHOWING BY APPOINTMENT ONLY, buyer's agent must come with your buyers
Maspeth, Queens - Rare Corner Property! ALL CASH DEAL ONLY! Proof of funds! Sold As Is - As Is! Property not mortgageable! Must purchase with Open Permit & Stop Order! No representation.
Semi-attached brick 1-family on a highly sought-after irregular corner lot! Approx. 2242 building (1,848 SF) featuring:
- Spacious bedrooms
- Formal Dining Room (FDR) & Eat-In Kitchen (EIK)
- Updated modern kitchen & full bath
- Wood floors + abundant windows & closets throughout
- Finished high-ceiling basement with separate entrance
BONUS:
- Extra top-floor level with endless customization potential
- Additional attic & 2nd floor finished with windows + unobstructed Manhattan skyline views
- Possible conversion to 2 family or 3 family
- 2 car brick free standing garage or side yard with possible ADU
- Huge high ceiling basement with laundry room can be finished to accessory use
Parking Like No Other:
- Only home on the block with a detached 2-car brick garage
- Plus 1 outdoor space on oversized corner lot
Prime Location:
- School District 24
- Minutes to Manhattan, Midtown Tunnel & LIE
- Near shopping, restaurants & M train
Perfect for end-user or savvy buyer seeking multi-generational or value-add potential.
Don't miss this one-of-a-kind Maspeth 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%.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Relisted | $980,000 | |
| Relisted | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Brooklyn Real Property Inc | $980,000 | |
| Listed by Brooklyn Real Property Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017