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6042 55th Street , Maspeth , NY 11378








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-term 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.
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Maspeth |
| Prop. Type | Single Family House for Sale |
| Tax | $6,236.00 |
| Bedrooms | 3 |
| Total Baths | 2 |
| Full Baths | 2 |
| Year Built | 1920 |
| Basement | None |
| Construction | Other |
| Total Units | 3 |
| Lot SqFt | 2,525 |
| Cooling | Varies by Unit |
| Heat Source | Natural Gas, Other |
| Util Incl | See Remarks |
| Days On Market | 9 |
| Parking Features | Other |
| Tax Assessed Value | 64680 |
| Units | 3 |
| Features | Other |
| Listing information courtesy of: Loyaltty Inc | |