Brand New 2-Family Brick Home in Prime Maspeth Location Near Elmhurst
Introducing a brand new construction two-family home located in the highly desirable Maspeth area, just minutes from Elmhurst. Built on a 25x100 lot with a building size of 20x60, this property offers excellent layout, modern design, and strong investment potential.
Each floor features a spacious 3-bedroom layout. The second floor includes 3 full bathrooms, while the first floor offers 2 full bathrooms, providing exceptional functionality and flexibility for end-users or investors.
The home includes a finished basement with separate entrance and an additional bathroom, as well as a large finished attic
This all-electric home complies with new construction regulations and includes electric stoves. Solar panels will be installed (leased), helping reduce utility costs.
Currently under construction with estimated completion around September ; Certificate of Occupancy expected by end of year estimated.
Pre-construction opportunity: Buyer may have the ability to customize finishes, including cabinetry and interior details, depending on contract timing.
Conveniently located near shopping, transportation, and major highways. Strong rental potential makes this an excellent choice for both investors and end-users.
Active
Price increase: $1.3M (5/5)
$1,980,000
5243 72nd St, Maspeth, NY 11378
6beds
2,400sqft
Multi Family
Built in 2026
-- sqft lot
$1,935,000 Zestimate®
$825/sqft
$-- HOA
What's special
Electric stovesAll-electric homeLarge finished attic
- 64 days |
- 209 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
B Square Realty 646-889-9988,
Li Barbie Li
Source: StreetEasy,MLS#: S1826390
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Details
- Parcel number: 024830023
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2026
Community & HOA
Community
- Subdivision: Maspeth
Location
- Region: Maspeth
Financial & listing details
- Price per square foot: $825/sqft
- Tax assessed value: $1,032,000
- Date on market: 5/5/2026
Estimated market value
$1,935,000
$1.84M - $2.03M
$4,083/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Price change | $1,980,000+204.7%$825/sqft |
Source: StreetEasy #S1826390 Report a problem | ||
| 5/2/2024 | Pending sale | $649,898$271/sqft |
Source: | ||
| 3/26/2024 | Price change | $649,898-7%$271/sqft |
Source: | ||
| 1/12/2024 | Listed for sale | $699,000$291/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $61,920 +15.4% |
| 2024 | -- | $53,640 -14% |
| 2023 | -- | $62,400 +10.8% |
| 2022 | -- | $56,340 +14.2% |
| 2021 | -- | $49,320 -5.7% |
| 2020 | $6,909 +0.8% | $52,320 -0.7% |
| 2019 | $6,854 +2.8% | $52,680 +65.3% |
| 2018 | $6,667 +8.8% | $31,869 +6% |
| 2017 | $6,129 +16.9% | $30,066 +6% |
| 2016 | $5,243 | $28,365 |
| 2015 | $5,243 +63.8% | $28,365 +0.8% |
| 2014 | $3,201 | $28,150 +6% |
| 2013 | -- | $26,558 +6% |
| 2012 | -- | $25,056 +6% |
| 2011 | -- | $23,638 |
| 2010 | -- | $23,638 +0.8% |
| 2009 | -- | $23,459 +6% |
| 2008 | -- | $22,132 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Maspeth
Nearby schools
GreatSchools rating
- 5/10Ps 229 Emanuel KaplanGrades: PK-5Distance: 0.3 mi
- 5/10Is 73 The Frank Sansivieri Intermediate SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.





