$1,499,999

Triplex In Maspeth

  • 4,125 Sqft
  • 2,500 Sqft lot
  • Updated: June 2
  • Source:
    OneKey MLS  MLS#990773

About the Property

JUST REDUCED – Now $1,499,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing

5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway

Recently Reduced to $1,499,999! Don’t miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and sta
JUST REDUCED – Now $1,499,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing

5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway

Recently Reduced to $1,499,999! Don’t miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1–4 family homes, making a property of this size a rare find.

This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments.

The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow.

Property Highlights
Price Reduced to $1,499,999
6 Total Apartments
5 Income-Producing Units
1 Unit Delivered Vacant
$110,000+ Annual Income
Rare 6-Family Building in a Neighborhood Dominated by 1–4 Family Homes
Sunny Corner Location with Excellent Natural Light
Full Basement
Private Backyard
Fenced Private Driveway with Parking for 2 Cars min.
Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities

Whether you’re an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood.

Price Improvement – Now Offered at $1,499,999. Schedule your private showing today.
  • Property type

    House

  • Year built

    1915

  • Price/sqft

    $363

Features

  • Garden
  • Equestrian
  • Investment Property
  • Parking
  • Basement

Explore the Area

5427 Arnold Avenue, New York, New York, United States View on Google Maps
Price per sqft
Low
High

View 7,381 more listings in New York

BLT Minimax Realty Inc - Glendale

Joined 6 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

BLT Minimax Realty Inc - Glendale
New York, United States
View agency profile
3
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
BLT Minimax Realty Inc - Glendale
Glendale, New York, United States
View agency profile
Last updated
June 2
First listed
Apr 26
Listing reference
990773
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 990773, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with