60-23 54th Avenue

New York NY 11378

3600 sq. ft.

2500 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Exceptional 4-Family Investment Opportunity in Maspeth ,Calling all savvy investors! This is your chance to secure an outstanding income-generating property. This unique 4-family gem in Maspeth offers unparalleled potential. Here's what makes it truly special: Property Highlights Four 2-bedroom "railroad" apartments, each boasting a generous 900 sqft of living space. Very Unique property every room has windows ,due to the air shaft which will bring in extra light to each room compared to other 4 family that have only windows in the front and back. This unique property has windows in every room . Every unit is thoughtfully designed, featuring a spacious living room, a cozy eat-in kitchen, a full bathroom, and two inviting bedrooms with ample natural light. A fully finished 2-bedroom unit in the basement adds to the property's income potential. Situated on a 25x100 lot, there's ample room for future expansion or creating an outdoor oasis. A total of 3,400 sq ft of well-utilized living space. The property brims with untapped potential, offering you various opportunities to maximize returns. Recent Renovations: Enjoy peace of mind with recent upgrades that include a new roof (only 1 year old), a water tank (2 years old), and a boiler that's just a decade old. These updates not only ensure the property's longevity but also enhance its appeal to prospective tenants. Tenants are responsible for their cooking gas and electric, minimizing your expenses. Prime Location Nestled in Maspeth, this property is ideally located near the "knockdown center," local shops, and reliable transportation options. The L train is just minutes away, offering a swift 20-minute commute to 14th Street in Manhattan and a mere 5-minute journey to Williamsburg. Don't miss out on this exclusive investment opportunity. Explore the remarkable potential of this unique 4-family property in Maspeth.

Features

8 bedrooms

5 bathrooms

3600 sq. ft. floor area

2500 sq. ft. lot size

Multi-Family

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