SoldAug 26, 2025

Listed by Raymond Rivera from One Stop Multi Service Inc

Source: NY State MLS #11400473

60-23 54th Pl, New York, NY, 11378

$1,350,000

8
4
2500 sq. ft.

MultiFam

30+ days on the market

Sold: Aug 26, 2025

What's around 60-23 54th Pl

About this property

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 sq ft 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. Contact us today to schedule a private viewing and explore the remarkable potential of this unique 4-family property in Maspeth.

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Seller's review

11 months ago

"Raymond sold my home for top dollar with tenants in place. Truly professional!"

"I want to thank Raymond Rivera for his outstanding work in selling my home located at 60-23 54th Place. Raymond guided me through every step of the process and secured top dollar for my property. What really stood out was his ability to find the right buyer who purchased the home with the tenants in place, making the transition smooth and stress-free for everyone involved. Raymond’s professionalism, market knowledge, and dedication made all the difference. I highly recommend him to anyone looking to buy or sell .He is a Veteran.

S
Seller

Other properties sold by One Stop Multi Service Inc

SoldJul 6, 2026
$1,539,000
41-33 55th Street
New York NY 11377
5
3
1
Multi-Family
Listing courtesy of One Stop Multi Service Inc
SoldJul 6, 2026
$1,539,000
41 55th Street
New York NY 11377
5
4
2
Duplex
Listing courtesy of One Stop Multi Service Inc and Tiffany Moves You Inc

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