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Off market
  • $1,146,900

    59-30 55th St, Flushing, NY 11378

    8beds
    2,829sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $1,146,900 Zestimate®
    $405/sqft
    $3,016 Estimated rent

    Home value

    $1,146,900

    $1.04M - $1.25M

    $3,016/mo

    Zestimate® history
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    What's special

    FOUR Exposures, THREE Floors, TWO Units, ONE Sweet Deal! Welcome to 59-30 55th Street, a 2,829SF 2-family home on the border of East Williamsburg, Ridgewood and Maspeth. With two renovated 1,020SF apartments upstairs, a fully finished 789SF guest suite downstairs, a 937SF backyard, and a 1,240SF two story garage plus shared driveway...this is one sweet deal. The home itself is 22'x46' and sits on a 25'x100' lot --which is not very common in the area. UNIT 1 : Enter the first floor apartment and you'll find an open plan living room and kitchen with two exposures. The windowed kitchen has ample storage, clean lines, cooktop, dishwasher, and an island that can double as a prep area or a dining bar. Continue past the spacious, windowed bathroom and you'll discover there are four bedrooms that have been configured as two/three bedrooms. Bedroom #1 is a combination of two rooms and fits a king size bed. Bedroom #2 (currently used as a walk in closet) could easily be used as a home office and opens out to the back yard. Bedroom #3 (currently combined with Bedroom #2) can fit a queen size bed. Hardwood floors throughout. UNIT: 2 Enter the bright and airy second floor apartment and you are greeted by high ceilings, a wide open living room and sunshine from four exposures plus a skylight. The galley kitchen has stainless steel appliances, clean lines and an abundance of storage. To the left you have three sunny bedrooms which have closets with great overhead storage. Across the living room at the back of the house you have the windowed bathroom and fourth bedroom which overlooks the backyard. BASEMENT: Enter the 7'6" ceiling basement from the front or rear steps and you'll find common laundry and a comfortable recreation room (currently used as a two room guest suite) with tiled floors, recessed lighting, full bathroom, wet bar and pantry. GARAGE: One of the coolest features of this home is the two story garage. The upper level is wide open and would make the perfect clubhouse, yoga studio, gym, mancave/sheshed, etc. Downstairs you can fit two vans inside the garage PLUS two vehicles outside in the paved yard and shared driveway. The owner did renovations in the upper two units and basement several years ago. The timeless design is still relevant today and all you need is a little polish to get it gleaming again. This home is so close to East Williamsburg and Ridgewood that with minor cosmetic edits you can easily command top rents. When you are ready to venture out of the house, there are tons of bars and restaurants in the area including: ECB, The Rookery, Forrest Point, Kings Tavern,Three Diamond Door, Bunna Cafe, Sakura 7, live music at The Footlight and the latest neighborhood hotspot The Knockdown Center --a contemporary art, performance and event space. If that's not enough, you also have all of the amenities and nightlife that Williamsburg and Ridgewood have to offer. Nearby buses: Q59, Q54, and B57. Closest train station is the L train at Jefferson Ave. NOTE TO INVESTORS: (Conservative Income Estimates): 4Bed/1Bath: $3,000, 2Bed/1Bath: $2,400, Garage Storage: $1,500, Basement Office/Suite: $1,690 = $8,590/monthly income 1-ON-1 OPEN HOUSES BY APPOINTMENT ONLY. PLEASE PRE-REGISTER FOR A VIEWING TIMESLOT. TO BE SAFE: BOOTIES, GLOVES, SANITIZER WILL BE PROVIDED

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 2,829 sqft

    Property

    Lot
    • Size: 2,500 sqft
    Details
    • Parcel number: 026290026

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Flushing

    Price history

    DateEventPrice
    3/26/2020Listing removed$1,150,000$407/sqft
    Source: Compass Report a problem
    3/16/2020Listed for sale$1,150,000+130%$407/sqft
    Source: Compass Report a problem
    2/9/2006Sold$500,000+12400%$177/sqft
    Source: Public Record Report a problem
    8/25/2004Sold$4,000$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $59,400 +6.2%
    2024-- $55,920 +1.7%
    2023-- $54,960 -4.8%
    2022-- $57,720 +5.6%
    2021-- $54,660 +15.9%
    2020$5,423 +0.9%$47,160 +14.4%
    2019$5,372 +7.3%$41,220 +72.2%
    2018$5,009 +8.7%$23,943 +5.9%
    2017$4,607 +10.4%$22,602 +5.9%
    2016$4,175 $21,349
    2015$4,175 +62.3%$21,349 +0.9%
    2014$2,572 $21,150 +6%
    2013-- $19,953 +5.9%
    2012-- $18,835 +5.9%
    2011-- $17,791
    2010-- $17,791 +0.9%
    2009-- $17,625 +6%
    2008-- $16,628

    Find assessor info on the county website

    Neighborhood: Maspeth

    Nearby schools

    GreatSchools rating