60-58 60th Road

Description
Exceptional opportunity to own a well maintained legal 4 family property in the heart of Maspeth. This solid brick building offers immediate income with significant upside, making it ideal for investors or owner-occupants who want rental cash flow while living on-site. 3 - Two Bedroom One Bath and 1 - One Bedroom One Bath unit plus a full basement and a private backyard. All paying tenants - month-to-month with no leases in place, providing flexibility for the next owner....Free-Market Legal 4 Family
Exceptional opportunity to own a well maintained legal 4 family property in the heart of Maspeth. This solid brick building offers immediate income with significant upside, making it ideal for investors or owner-occupants who want rental cash flow while living on-site. 3 - Two Bedroom One Bath and 1 - One Bedroom One Bath unit plus a full basement and a private backyard. All paying tenants - month-to-month with no leases in place, providing flexibility for the next owner. The property can also be delivered vacant, creating a rare chance to reset rents to market or configure for full owner occupancy. Each unit pays its own electric and gas. Tenants have individual washers and dryers in the basement connected to their respective meters. With rents adjusted to current market rates, the property projects an approximate 5 - 6% cap rate, offering strong long-term performance in a highly desirable Queens neighborhood. Situated on a 25 x 100 lot with an expansive building size of 20 x 72. Major mechanical updates provide peace of mind, including a new gas furnace installed in November 2022, a roof replaced in 2013, and a hot water heater updated in 2025. The building’s large basement includes a recreation space, storage, laundry and utility space. Situated on a quiet residential block with convenient access to transportation, shopping, and local amenities, this is a rare value add asset combining immediate stability with future upside. A true Maspeth investment gem.
- Listed by Lily G. Tran CBR • EXP RealtyP: (888)-276-0630 C: (917)-279-0177 info@lilytranteam.com
Property Details for 60-58 60th Road
Property Details for 60-58 60th Road
| Status | Coming Soon |
|---|---|
| MLS ID | 958843 |
| Days on Market | - |
| Taxes | $13,767 / year |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | - |
| Compass Type | Multi Family |
| MLS Type | Duplex |
| Year Built | 1915 |
| Lot Size | 2,500 SF / 25' x 100' |
| County | Queens County |
Building
60-58 60th Rd
Location
Building Information for 60-58 60th Road
Payment Calculator
$8,702 per month
30 year fixed, 6.15% Interest
$7,554
$1,147
$0
Property Information for 60-58 60th Road
- Senior Community YN: No
- Directions: 60th Lane to 60th Road
- Tax Block: 02733
- Tax Lot: 0037
- Property Attached: Yes
- Structure Type: true
- Property Condition: Estimated
- State Or Province: NY
- School District: Queens 24, Queens24
- Elementary School District: Queens 24
- Elementary School: Ps 153 Maspeth Elementary
- Middle Or Junior School District: Queens24
- Middle Or Junior School: Is 73 Frank Sansivieri Intermediate School (The)
- High School District: Queens24
- High School: Grover Cleveland High School
- Property Description: Mid Rise
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Number Of 1 Bedrooms: 1
- Number Of 2 Bedrooms: 3
- Number Of 3 Bedrooms: 0
- Number Of 4 Bedrooms: 0
- Building Units Total: 4
- Parcel Number: 02733-0037
- Included In Taxes: Sewer,Trash,Water
- Tenant Pays: Electricity, Gas, See Remarks
- Gross Income: $90,150.00
- Operating Expense: $41,460.00
- Amenities: Eat in Kitchen, Hardwood Floors As Seen, In Basement, Other, Public, Walk In Closet
- Interior Features: Eat-in Kitchen, Other, Walk-In Closet(s)
- Basement: Finished, Full, Storage Space
- Location Amenities: Hardwood Floors As Seen, Eat in Kitchen, Walk In Closet
- Laundry Features: In Basement
- Flooring: Hardwood
- Foundation Details: Brick/Mortar
- Basement: Yes
- Exterior Features: Other
- Exterior Property Features: Other, On Street, Near Public Transit, Near School, Near Shops
- Elevation Certificate: No
- Construction Materials: Brick
- Lot Features: Near Public Transit, Near School, Near Shops
- Lot Size Dimensions: 25X100
- Site Features: Near Public Transit, Near School, Near Shops
- Building Area Units: Square Feet
- Parking Features: On Street
- Garage: No
- Carport: No
- Cooling: Wall/Window Unit(s)
- Heating: Other
- Heat Fuel Type: Other
- Sewer: Public Sewer
- Water Source: Public
- Utilities: See Remarks
- Number Of Separate Electric Meters: 4
- Green Features: Other
- Down Payment Resource: Yes
Public Records for 60-58 60th Road
Schools near 60-58 60th Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
P.S. 153 Maspeth PublicPK to 6 | ||
Is 73 The Frank Sansivieri Intermediate School Public6 to 8 | ||
Grover Cleveland H.S. Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP Realty
Based on information submitted to the MLS GRID as of 02/06/2026 05:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.

