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Active
    • Price cut: $103K (6/15)
    $1,675,000

    61-65 56th Rd #1, Maspeth, NY 11378

    10beds
    4,860sqft
    Loading
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $345/sqft
    $-- HOA

    What's special

    Street level retail
    Three Story Mixed-Use Building Featuring A Street Level Retail & Five Apartments. NO RENT CONTROL / STABILIZATION 5 FREE-MARKET TWO BEDROOM APARTMENTS PLUS GARAGE. Property Is Currently 100% Tenanted And It Already Generates A Good Cash Flow. Even So, All Gross Rents Are Substantially Below Market Value And Present Tremendous Opportunity To Reposition And Significantly Increase the Income. Each Apartment Consists of Two Bedrooms And Tenants Have No Leases. Commercial Space Lease Expires in Few Months. Some Units Have Been Significantly Updated Throughout The Years And Are In A Good Condition. Also Big Ticket Mechanicals Such As A Central Heater & A Water Heater Have Been Upgraded Approximately 2 Years Ago While The Roof Has Been Redone Last Year. Positioned In The Heart Of Maspeth, This Property Is Surrounded By An Exciting Blend Of Commerce & Connectivity. Perfect For 1031 Exchange & Investors Looking For Significant Upside Through Lease-Up & Renovation.
    138 days
    |
    171
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Exit All Seasons Realty 718-345-4545,

    Barbara Joanna Kot

    Source: StreetEasy,MLS#: S1817590

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 6
      • Full bathrooms: 6
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,860
      • Total interior livable area: 4,860 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1925

      Community & HOA

      Community
      • Subdivision: Maspeth
      Location
      • Region: Maspeth

      Financial & listing details

      • Price per square foot: $345/sqft
      • Date on market: 3/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,048/mo

        Price history

        DateEventPrice
        6/15/2026Price change$1,675,000-5.8%$345/sqft
        Source: StreetEasy #S1817590 Report a problem
        3/23/2026Listed for sale$1,778,000$366/sqft
        Source: StreetEasy #S1817590 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: Maspeth

        Getting around

        66 / 100
        Somewhat Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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