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$ 1,750,000
Est. payment | /mo
7 Beds
3 Baths
2,244 SqFt
$ 1,750,000
Est. payment | /mo
7 Beds
3 Baths
2,244 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $779
MLS Listing ID 12052685
Style Duplex
Bedrooms 7
Full Baths 3
Year Built 1930
Lot Size 2,675 Sqft
Property Description
Excellent investment opportunity in the heart of Maspeth, Queens! This solid brick two-family property at 58-61 59th Street offers approximately 2,244 square feet of building space on a generous 25 x 107-foot lot, this double wide lot offers parking for up to 6 large vehicles including buses or mini-vans. Featuring two stories, a full basement, and classic brick construction, this property presents an ideal opportunity for investors, developers, or owner-occupants seeking a multifamily residence with long-term value and potential. Situated in a desirable residential neighborhood with convenient access to shopping, restaurants, schools, and transportation, the property offers excellent connectivity to Brooklyn, Manhattan, and surrounding Queens communities. Zoned R5B with a C2-3 commercial overlay, the property may offer additional possibilities for renovation or expansion and build a larger multi-unit, subject to zoning regulations and approvals. Whether you're looking to generate rental income, create your ideal residence, or explore future development opportunities, this Maspeth property is full of potential. Don't miss this opportunity to invest in an established Queens neighborhood!
Location
State NY
County 36081
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS