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  • $1,799,000

    64-04 Flushing Ave #1, Maspeth, NY 11378

    4beds
    3,366sqft
    SingleFamily
    Built in 1923
    -- sqft lot
    $1,735,000 Zestimate®
    $534/sqft
    $-- HOA

    What's special

    High-traffic commercial storefrontSpacious one-bedroom residential units
    Presenting a rare chance to acquire a well-maintained, income-generating property in the heart of Maspeth. This mixed-use building features four spacious one-bedroom residential units situated above a street-level commercial space currently operating as a deli. The property generates a strong Net Operating Income of approximately $90,000 annually, making it an excellent option for both seasoned investors and those entering the market. The building is exceptionally clean and fully occupied by reliable, long-term tenants. Significant recent upgrades have been made, including a brand-new boiler, new hot water heater, and updated plumbing throughout each apartment, reducing maintenance costs and improving operational efficiency. With a high-traffic commercial storefront and solid residential rental history, this property offers immediate cash flow as well as tremendous upside potential for future value appreciation. Whether you continue with the current tenants or explore new possibilities, this property represents a stable and strategic addition to any investment portfolio. Don't miss out on this opportunity to own a turn-key asset in one of Queens’ most established and desirable neighborhoods.
    22 days
    on Zillow
    |
    103
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 08:15am

    Listing by:

    RE MAX Team 347-581-6161,

    Vincent O Connell

    Source: StreetEasy,MLS#: S1771223
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total structure area: 3,366
    • Total interior livable area: 3,366 sqft

    Property

    Details
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1923

    Community & HOA

    Community
    • Subdivision: Maspeth
    HOA
    • Services included: Maintenance
    Location
    • Region: Maspeth

    Financial & listing details

    • Price per square foot: $534/sqft
    • Date on market: 5/14/2025
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