60-23 54th PlaceMaspeth, NY 11378Price: $1,550,000

  • Price: $1,550,000
  • Est. Mortgage of $/month
  • 921 Days on Market
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$
%
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,550,000List Price
  • 8Bedrooms
  • 5Bathrooms
  • 3,600Square Feet

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Exceptional 4-Family Investment Opportunity in Maspeth ,Calling all savvy investors! This is your chance to secure an outstanding income-generating property. This unique 4-family gem in Maspeth offers unparalleled potential. Here's what makes it truly special: Property Highlights Four 2-bedroom "railroad" apartments, each boasting a generous 900 sqft of living space. Very Unique property every room has windows ,due to the air shaft which will bring in extra light to each room compared to other 4 family that have only windows in the front and back. This unique property has windows in every room . Every unit is thoughtfully designed, featuring a spacious living room, a cozy eat-in kitchen, a full bathroom, and two inviting bedrooms with ample natural light. A fully finished 2-bedroom unit in the basement adds to the property's income potential. Situated on a 25x100 lot, there's ample room for future expansion or creating an outdoor oasis. A total of 3,400 sq ft of well-utilized living space. The property brims with untapped potential, offering you various opportunities to maximize returns. Recent Renovations: Enjoy peace of mind with recent upgrades that include a new roof (only 1 year old), a water tank (2 years old), and a boiler that's just a decade old. These updates not only ensure the property's longevity but also enhance its appeal to prospective tenants. Tenants are responsible for their cooking gas and electric, minimizing your expenses. Prime Location Nestled in Maspeth, this property is ideally located near the "knockdown center," local shops, and reliable transportation options. The L train is just minutes away, offering a swift 20-minute commute to 14th Street in Manhattan and a mere 5-minute journey to Williamsburg. Don't miss out on this exclusive investment opportunity. Explore the remarkable potential of this unique 4-family property in Maspeth., Additional information: Appearance:Diamond,Separate Hotwater Heater:2

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Listed by Raymond N. Rivera of One Stop Multi Service Inc

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 12:40 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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