Price Reduced 0.00%
Price History
$1,800,000
4/22/2026
$1,799,999
4/24/2026
6042 55th Street, Maspeth, NY, 11378
1920
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.
Status:
Active
Type:
Commercial
Units:
3
Heating:
Natural Gas
Cooling:
Multi Units
Basement:
None
Parking:
Garage
Acreage:
0.06
Est. Taxes:
$6,236
Assessment
$64,680
Construction
Other
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Water Available, Water Connected
Days on Market:
10
MLS #:
989328
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Loyaltty Inc 929-337-0276