Active

6042 55th Street

Maspeth, NY 11378
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

Acres0.06

Acre(Lot)

Income-producing mixed-use property in the heart of Maspeth featuring a vacant ground-floor commercial space and residential units above, offering strong income potential and value-add opportunity. The commercial unit is equipped with an existing hood and gas line, making it suitable for a variety of uses (subject to tenant verification and approvals). The vacancy of the commercial space allows a new owner to set market rent and maximize returns. The upper level consists of two residential units currently occupied on a month-to-month basis, providing immediate income with flexibility for future adjustments. The property also includes additional income from garage spaces. Recent upgrades include a newly installed roof (under warranty) and a boiler less than one year old, reducing near-te rm capital expenditures. Projected income potential is estimated to exceed $10,000/month based on market conditions and achievable rents. Buyers are encouraged to perform their own due diligence regarding income, expenses, and permitted use. Located in a high-demand area of Maspeth with convenient access to major transportation routes, this property presents an excellent opportunity for investors seeking stable income with upside potential.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,799,999

AD Id : 77714155

MLS Id : 989753

Beds : 3

Lot Size : 0.06 Acre

Year Built : 1920

Garage : 3

County : Queens

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: None
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Other Has Cooling: Yes Cooling: Varies by Unit

  • Building Information

    Year Built: 1920 Building Area Total: 2800 Construction Materials: Other Private Pool: No

  • Lot Information

    Lot Size Acres: 0.058 Lot Size Square Feet: 2525

  • Listing Price Information

    Listing Price: $1799999

  • Tax Information

    Parcel Number: 02638-0007 Annual Tax: $6236.32

  • Parking Information

    Other

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Utility Information

    See Remarks
  • Location Information

    WaterSource: Other
Sell a home like this and save $107,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/07/2026 @ 19:52

MLS: 989753 LISTED BY: Royer Silva, Loyaltty Inc 929-337-0276 SOURCE: OneKey MLS

Selling? Save $107,501 when you sell a home like this

Tour with a ByOwner Agent