59-40 56th Drive

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

"Luck Is When Opportunity Knocks And You Answer'". This Two Family Property In MASPETH Not Only Offers EXCELLENT INCOME POTENTIAL But It Also Presents An Outstanding EQUITY GROWTH OPPORTUNITY & Future CASH FLOW. This Multi-Family Home Consists Of A Two Bedroom Unit On The Second Floor & A Spacious One Bedroom Units On The Lower Level. Each Apartment Features Flexible Layout To Maximize Your COMFORT, RENTAL INCOME Or RESALE VALUE. And Do Not Overlook An Additional Opportunity In The Full Size Basement...."Luck Is When Opportunity Knocks And You Answer'". This Two Family Property In MASPETH Not Only Offers EXCELLENT INCOME POTENTIAL But It Also Presents An Outstanding EQUITY GROWTH OPPORTUNITY & Future CASH FLOW. This Multi-Family Home Consists Of A Two Bedroom Unit On The Second Floor & A Spacious One Bedroom Units On The Lower Level. Each Apartment Features Flexible Layout To Maximize Your COMFORT, RENTAL INCOME Or RESALE VALUE. And Do Not Overlook An Additional Opportunity In The Full Size Basement. Once It's Finished It Will Add Plenty Of EXTRA FUNCTIONAL SPACE. Whether You’re Looking To Renovate And Occupy Or Flip - Considering FUTURE APPRECIATION & STRONG RENTAL DEMAND This Property Really Checks All The Right Boxes.
  1. Listed by Jaroslaw Kaszuba • Exit All Seasons Realty
    P: (718)-345-4545 C: (718)-345-4545 allseasonsr@yahoo.com

Property Details for 59-40 56th Drive

City/Township
New York
Waterfront
No
Section Area
59th Place
LISTING UPDATED: 10/21/2025 01:06 PM

Property Details for 59-40 56th Drive

StatusSold
MLS ID867034
Days on Market48
Taxes$5,257 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1940
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

59-40 56th Dr

2 Units2 StoriesBuilt in 1940

Location

Listing Courtesy of Exit All Seasons Realty

Sold By Exit All Seasons Realty

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Building Information for 59-40 56th Drive

Stories2Residences2Year Built1940Building Size22' x 32'Building Sq. Ft1,408 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$4,288 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,850

Property Taxes

$438

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 59-40 56th Drive

Summary
Location and General Information
  • Senior Community YN: No
  • MLS District Code: 405
  • Property Attached: Yes
  • Structure Type: true
  • State Or Province: NY
School Information
  • 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
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
Unit Information
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 2
Interior and Exterior Features
Interior Features
  • Amenities: High Ceilings, Public
  • Interior Features: High Ceilings
  • Basement: Full, Unfinished
  • Location Amenities: High Ceilings
  • Basement: Yes
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Frame
Lot Information
  • Building Area Units: Square Feet
Parking
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Multi Units
  • Heating: Hot Water
  • Heat Fuel Type: Hot Water
  • Number Of Separate Gas Meters: 2
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Hot Water
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 59-40 56th Drive

DateEvent & SourcePriceAppreciationLink
Oct 21, 2025

Sold

ONEKEY #867034

$790,000
Oct 21, 2025

Sold (Public Record)

ACRIS #2025110300831001

$790,000
Jul 14, 2025

Contract Signed

ONEKEY #867034

May 27, 2025

Listed (Active)

ONEKEY #867034

$850,000
DateEvent & SourcePrice
10/21/2025

Sold

ONEKEY #867034

$790,000
10/21/2025

Sold (Public Record)

ACRIS #2025110300831001

$790,000
07/14/2025

Contract Signed

ONEKEY #867034

05/27/2025

Listed (Active)

ONEKEY #867034

$850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 59-40 56th Drive

Taxable ValueLand$10,080Additions$36,300Total$46,380
Home Facts
Total Finished SqFt1,408 SqFtLot Size2,500 SqFtYear Built1940ZoningR4-1APN4026910030

Schools near 59-40 56th Drive

This home is within New York City Geographic District #24.
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

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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Listing Courtesy of Exit All Seasons Realty

Based on information submitted to the MLS GRID as of 10/21/2025 01:06 PM. 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.