Price Reduced 5.43%
Price History
$1,880,000
2/5/2026
$1,778,000
2/25/2026
6165 56th Road, Maspeth, NY, 11378
1925
Three Story Mixed-Use Building Featuring A Street Level Retail & Five Apartments. NO RENT CONTROL / STABILIZATION 5 FREE-MARKET TWO BEDROOM APARTMENTS PLUS GARAGE. Property Is Currently 100% Tenanted And It Already Generates A Good Cash Flow. Even So, All Gross Rents Are Substantially Below Market Value And Present Tremendous Opportunity To Reposition And Significantly Increase the Income. Each Apartment Consists of Two Bedrooms And Tenants Have No Leases. Commercial Space Lease Expires in Few Months. Some Units Have Been Significantly Updated Throughout The Years And Are In A Good Condition. Also Big Ticket Mechanicals Such As A Central Heater & A Water Heater Have Been Upgraded Approximately 2 Years Ago While The Roof Has Been Redone Last Year. Positioned In The Heart Of Maspeth, This Property Is Surrounded By An Exciting Blend Of Commerce & Connectivity. Perfect For 1031 Exchange & Investors Looking For Significant Upside Through Lease-Up & Renovation.
Status:
Active
Type:
Commercial
Units:
6
Heating:
Natural Gas
Cooling:
Multi Units
Basement:
Full
Parking:
1-car, Garage
Acreage:
0.08
Est. Taxes:
$10,066
Assessment
$89,100
Construction
Frame
Utilities
Electricity Connected, Natural Gas Connected
Days on Market:
20
MLS #:
958681
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Exit All Seasons Realty 718-345-4545