59-30 55th Street
59-30 55th Street
Permanently Off Market
Virtual Tour
Permanently Off Market
Virtual Tour
Description
VIRTUAL VIEWING: https://listing3d.com/59-30-55th-street-flushing-queens-new-york-ny/sYQAAFSoAAATX
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'...FOUR Exposures, THREE Floors, TWO Units, ONE Sweet Deal!
VIRTUAL VIEWING: https://listing3d.com/59-30-55th-street-flushing-queens-new-york-ny/sYQAAFSoAAATX
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 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. Bedroom #3 (currently combined with Bedroom #2) can fit a queen size bed and opens out to the back yard. 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 recreational 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 four vehicles inside the garage plus another outside in the paved yard with 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. Current comps are 4Bed/1Bath $3,000 , 3Bed/1Bath $2,400 , Garage $750, Basement $1,690
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: 6% Cap Rate
BUYER BONUS: Seller, a contractor, cleared garage and is tossing in full sets of tools for three trades and fixtures /finishes to renovate three bathrooms if desired.
VIRTUAL AND PRIVATE SHOWINGS BY APPOINTMENT ONLY.
Listing Agent
![Malika Oyo]()
malika.oyo@compass.comP: 917.407.8840
Amenities
- Private Yard
- Gym
- Yoga Studio
- Wet Bar
- Private Entrance
- Hardwood Floors
- High Ceilings
- Washer / Dryer
Location
Property Details for 59-30 55th Street
| Status | Permanently Off Market |
|---|---|
| MLS ID | H6025595 |
| Days on Market | 22 |
| Taxes | $611 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 12.0 |
| Compass Type | Townhouse |
| MLS Type | Single Family |
| Year Built | 1920 |
| Lot Size | 2,500 SF / 25' x 100' |
| County | Queens County |
Building
59-30 55th St
Location
Virtual Tour
Building Information for 59-30 55th Street
Payment Calculator
$6,063 per month
30 year fixed, 7.25% Interest
$5,452
$611
$0
Property History for 59-30 55th Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 59-30 55th Street
Schools near 59-30 55th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Is 93 Ridgewood Public6 to 8 | ||
Grover Cleveland H.S. Public9 to 12 | ||
Maspeth High School 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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