$1,150,000
OPEN SUN 1:30PM - 2:30PM

60-85 54th St Flushing, NY 11378

Maspeth Neighborhood

Estimated payment $6,533/month

12 Beds
4 Baths
2,000 Sq Ft
$575 Price per Sq Ft

About This Home

Turnkey three‐family on the Maspeth / East Williamsburg / Ridgewood border offering immediate cash flow and long‐term upside. This legal three‐family features three residential units plus a finished basement and a large, usable rear yard-an ideal value‐add or long‐term buy‐and‐hold play in a high‐demand rental corridor. The layout includestwo 1‐bedroom apartments on the first floorand a2‐bedroom apartment on the top floor, currently occupied at2,000 dollars/month. With thoughtful upgrades and repositioning of the vacant units, an investor has clear runway to bring the units to full market rent and significantly improve the building's income profile. Transportation is easy and renter‐friendly. A nearby bus line runs directly to theGrand Street L train, connecting to Union Square and the rest of Manhattan, making the property attractive to tenants who work in Manhattan or North Brooklyn creative/industrial hubs. Drivers benefit from plentiful street parking, and quick access to major routes linking Queens, Brooklyn, and Manhattan. AlongMetropolitan Avenueand the surrounding blocks, tenants enjoy a growing mix of supermarkets, cafes, bars, restaurants, and local services, plus convenient access to the retail and employment centers ofRidgewood, East Williamsburg, and Bushwick-all without the premium pricing of those core neighborhoods. Mechanicals are in solid shape: the building offers anewer furnace and hot water heater, helping to keep operating costs predictable and reduce immediate cap‐ex for the next owner. Don't miss this well‐maintained, nearly turnkeythree‐family with outdoor space, strong in‐place income, and clear upside in one of Queens' most strategically located, transit‐connected, and steadily appreciating border neighborhoods.

Listing Agent

Devon Benedict

Listed on: 01/09/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,229

Lot Details

  • 2,850 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Flushing Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,229

Lot Details

0

Listing Details

  • Building Style: Triplex
  • HamletID: 0
  • LandRentAmount: 0
  • Number Of Stories: 2
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Maspeth
  • PropertyTownship: Queens
  • Prop. Type: Multi-Unit (2-4)
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 2000

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Lot Size Sq Ft: 2850
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 12
  • Total Taxes: 6229

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2026 01/09/26 For Sale $1,150,000 -- $575 / Sq Ft
Source: NY State MLS

Source: NY State MLS

MLS Number: 11629268

NY State MLS
New York Queens County Flushing 11378 Maspeth

60-85 54th St, Flushing, NY

For Sale

MultiFamily

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Devon Benedict
Listing Agent
Devon Benedict
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(929) 405-1230