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60-85 54th Street
Maspeth NY 11378 US

$1,150,000

Active Listing ID 11629268
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4 bed
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4.00 Bath (4 Full)
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Other

$1,150,000

Active Listing ID 11629268
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60-85 54th Street Turnkey three-family (#3FAM) on the Maspeth / East Williamsburg / Ridgewood border offering immediate cash flow and long-term upside. This legal three-family features three residential units plus a massive finished basement and a large, usable rear yard-an ideal value-add or long-term buy-and-hold play in a high-demand rental corridor. The layout includes two 1-bedroom apartments on the first floor and a 2-bedroom apartment on the top floor, currently occupied. With thoughtful upgrades and repositioning of the vacant units, an investor has clear runway to bring the units to full market rent and significantly improve the building's income profile and property value. Transportation is easy and renter-friendly. A nearby bus line runs directly to the Grand Street L train, connecting to Union Square and the rest of Manhattan, making the property attractive to tenants who work in Manhattan or North Brooklyn creative/industrial hubs. Drivers benefit from plentiful street parking, and quick access to major routes linking Queens, Brooklyn, and Manhattan. Along Metropolitan Avenue and the surrounding blocks, tenants enjoy a growing mix of supermarkets, cafes, bars, restaurants, and local services, plus convenient access to the retail and employment centers of Ridgewood, East Williamsburg, and Bushwick-all without the premium pricing of those core neighborhoods. Mechanicals are in solid shape: the building offers a newer furnace and hot water heater, helping to keep operating costs predictable and reduce immediate cap-ex for the next owner. Don't miss this well-maintained, nearly turnkey three-family with outdoor space, strong in-place income, and clear upside in one of Queens' most strategically located, transit-connected, and steadily appreciating border neighborhoods.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1150000
  • unparsedaddress: 60-85 54th Street
  • postalcity: Maspeth
  • stateorprovince: NY
  • country: US
  • postalcode: 11378
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 2000
  • livingareaunits: Square Feet
  • latitude: 40.713525
  • longitude: -73.910858
  • listagentfullname: Devon Benedict
  • listagentemail: contact@devonbenedict.com
  • listagentkey: 3yd-NYSMLS-244418
  • listagentmlsid: 244418
  • listagentpreferredphone: 2039367390
  • listofficekey: 3yd-NYSMLS-28400
  • listofficemlsid: 28400
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2026-01-09
  • countyorparish: Queens
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.91086, 40.713524
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"FIND GROUP", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"contact@devonbenedict.com", "ListBrokerageCity":"ALBANY", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"FIND GROUP", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"401 NEW KARNER RD STE 3", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"401 NEW KARNER RD STE 3", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"ALBANY", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"12205", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit (2-4), Triplex - Maspeth, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/6085-54th-St_Maspeth_NY_11378_M44860-91841?f=listhub&s=NYSMLS&m=11629268&c=rexren", "MLSModificationTimestamp":"2026-01-10T21:25:51Z", "Neighborhoods":[{"Description":null, "Name":"Flushing"}], "PostalCode":null, "RawPropertySubType":"Multi-Unit (2-4)", "RawPropertyType":"Multi-Unit (2-4)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6229, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/10/2026 11:08:36 PM GMT
Source Updated Date: 1/12/2026 6:48:09 PM GMT

Courtesy of: Devon Benedict, FIND GROUP, contact@devonbenedict.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.