58-13 69th Place, Maspeth, NY, 11378 | $1,198,000

Forget everything you've seen in the "renovated" category — this is the rare one done right. A fully gut-renovated semi-detached two-family on a quiet Maspeth block, delivering over 1, 990 sq ft of finished living space plus a full finished basement, with zero corners cut. Two beautifully designed units — each with its own kitchen, full bath, separate boiler, hot water heater, and electrical panel — means you live in one and collect rent from the other, or house extended family with complete privacy. Both units are separately metered, so each occupant handles their own utilities. Cap rate approx. 6. 5%. The craftsmanship here is the story: ¾-inch solid hardwood floors throughout every level, all-copper plumbing (including a new underground sewer line to the street), brand-new insulation and drywall, three full bathrooms with premium fixtures, and solid interior doors. The kind of bones that hold up for decades — not the flipped-and-filmed variety. Zone heating lets each floor run independently. New roof. Energy-efficient windows throughout. Full electrical systems replaced, with two separate panels. Three security cameras included. This home is genuinely move-in ready — bring your furniture. Steps from Juniper Valley Park, with express bus service to Manhattan (QM24, QM25) and local routes Q18, Q58, Q59, Q67, Q98 nearby. A strong candidate for a 1031 exchange or long-term rental play — or simply the smartest home purchase you'll make this year. Will not last!

Features

  • Bedrooms: 7
  • Baths: 3 full
  • Style: Other
  • Year Built: 1920
  • Heating: Natural Gas
  • Cooling: None
  • Basement: Bilco Door(s), Finished, Full
  • Acreage: 0.05
  • Est. Taxes: $7,438
  • Elem. School: Ps 58 School Of Heroes
  • Middle School: Is 73 Frank Sansivieri Intermediate School (The)
  • High School: Grover Cleveland High School
  • School District: Queens24
  • MLS#: 1017596
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/1017596/581369thplace_maspeth_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of B Square Realty Inc   Phone: 718-939-8388

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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58-13 69th Place, Maspeth, NY, 11378

$1,198,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $958,400 $958,400 $958,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment $620 $620 $620
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,442 $5,746 $8,088
Total Monthly Payment $6,187 $6,491 $8,833

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.