Listing Notes
Exceptional opportunity in the heart of Maspeth to own a legal two-family home with tremendous versatility and income-producing potential. This uniquely designed property features a spacious, fully finished basement and will be delivered completely vacant, making it ideal for owner-occupants, multi-generational living, or savvy investors seeking strong rental income. The first-floor apartment offers 5 well-appointed rooms, including 2 bedrooms, while the second-floor features a generous 6-room layout with 3 bedrooms and a dedicated home office. A striking spiral staircase provides direct access between the main and lower levels, creating a desirable duplex-style living arrangement with additional flexibility. Each apartment is equipped with its own separate heating system and hot water unit, ensuring independent climate control and convenience for occupants. The fully finished basement offers valuable bonus space that can accommodate a variety of lifestyle needs. Adding to the property's appeal are remarkably low annual taxes of just $5,700 for the 2026/2027 tax year, helping to maximize affordability and investment returns. Perfectly situated on a quiet residential block, this home enjoys convenient access to public transportation, shopping, restaurants, schools, parks, and all the amenities that make Maspeth one of Queens' most desirable neighborhoods. Move right in, customize to your taste, or capitalize on its excellent investment potential-this is an opportunity not to be missed.
Price in context
Cheaper than 54% of the 24 homes listed nearby right now, which run $699,000 to $1,399,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 61-41 Maspeth Ave | $699,000 | 1 bd · 3 ba |
| 6628 52nd Dr | $788,000 | 4 bd · 3 ba |
| 53-26 61st St | $788,500 | 2 bd · 2 ba |
| 58-10 64th St | $799,000 | 4 bd · 2 ba |
| 6112 56th Dr | $849,000 | 3 bd · 2 ba |
| 6114 56th Dr | $859,000 | 3 bd · 2 ba |
| 61-51 Borden Ave | $870,000 | 4 bd · 2 ba |
| 67-16 53rd Rd | $875,000 | 3 bd · 3 ba |
| 53-74 62nd St | $888,000 | 2 bd · 2 ba |
| 5337 62nd St | $899,000 | 2 bd · 2 ba |
| 53-50 66th St | $920,000 | 3 bd · 2 ba |
| 65-34 Jay Ave | $1,039,000 | 5 bd · 2 ba |
| 53-74 69th St | $1,049,000 | 3 bd · 2 ba |
| 63-01 Borden Ave | $1,050,000 | 4 bd · 2 ba |
| 5301 62nd St | $1,088,000 | 4 bd · 3 ba |
| 5722 65th St | $1,099,000 | 5 bd · 2 ba |
| 5715 66th St | $1,099,999 | 4 bd · 3 ba |
| 6103 Maspeth Ave | $1,100,000 | Studio |
| 61-38 Grand Ave | $1,150,000 | 7 bd · 2 ba |
| 66-10 Jay Ave | $1,195,000 | 4 bd · 3 ba |
| 6511 Perry Ave | $1,250,000 | 6 bd · 3 ba |
| 68-10 Caldwell Ave | $1,300,000 | 3 bd · 2 ba |
| 68-02 Jay Ave | $1,360,000 | Studio |
| 56-57 61st St | $1,399,000 | 4 bd |
Where it is
For sale Coming soon Recently sold— zoom out for more