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.
Pending
Price cut: $40K (8/15)
$999,000
65-34 Jay Avenue, Maspeth, NY 11378
5beds
2,160sqft
Duplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$463/sqft
$-- HOA
What's special
Dedicated home officeSpacious fully finished basementStriking spiral staircaseQuiet residential block
- 119 days
- 51
- 0
Zillow last checked:
Listing updated:
Listed by:
O Kane Realty 718-779-1111,
John O Kane 917-859-9362
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1011677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 1,486 Square Feet
- Dimensions: 40 x 85
Details
- Parcel number: 023790027
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex, Multi Family
Materials
- Frame
Condition
- Actual
- Year built: 1940
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $926,000
- Annual tax amount: $5,630
- Date on market: 6/17/2026
- Cumulative days on market: 118 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Pending sale | $999,000$463/sqft |
Source: | ||
| 8/15/2026 | Price change | $999,000-3.8%$463/sqft |
Source: | ||
| 7/24/2026 | Price change | $1,039,000-3.7%$481/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $1,079,000+61.8%$500/sqft |
Source: | ||
| 1/31/2007 | Sold | $667,000+102.7%$309/sqft |
Source: Public Record Report a problem | ||
| 10/10/2000 | Sold | $329,000+82.8%$152/sqft |
Source: Public Record Report a problem | ||
| 8/2/1996 | Sold | $180,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $55,560 -3.8% |
| 2024 | -- | $57,780 -15.6% |
| 2023 | -- | $68,460 +14.9% |
| 2022 | -- | $59,580 +8.6% |
| 2021 | -- | $54,840 -1.9% |
| 2020 | $4,709 +3.3% | $55,920 +2.5% |
| 2019 | $4,557 -0.3% | $54,540 +149.6% |
| 2018 | $4,572 +7.9% | $21,854 +5.2% |
| 2017 | $4,236 +19.3% | $20,780 +5.5% |
| 2016 | $3,550 | $19,704 |
| 2015 | $3,550 +65.5% | $19,704 +3.1% |
| 2014 | $2,145 | $19,108 +4.9% |
| 2013 | -- | $18,212 +5.2% |
| 2012 | -- | $17,317 +5.5% |
| 2011 | -- | $16,420 |
| 2010 | -- | $16,420 +3.1% |
| 2009 | -- | $15,924 +4.9% |
| 2008 | -- | $15,177 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Maspeth
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 229 Emanuel Kaplan
- Middle: Is 73 Frank Sansivieri Intermediate School (The)
- High: Maspeth High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




