$1,150,000

House for sale Maspeth
Property photo number 1 of 16 Photos for Property. File  99320979_29_b4c30d11cd84f544124a864e465905ec.jpeg

Overview

SUMMARY: Discover an opportunity with this Maspeth house for sale and available for $1,150,000. This could be your next ideal home or a smart investment. More details await.
Turnkey threefamily (#3FAM) on the Maspeth / East Williamsburg / Ridgewood border offering immediate cash flow and longterm upside. This legal threefamily features three residential units plus a massive finished basement and a large, usable rear yard-an ideal valueadd or longterm
buyandhold play in a highdemand rental corridor. The layout includes two 1bedroom apartments on the first floor and a 2bedroom 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 renterfriendly. 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 capex for the next owner. Don't miss this wellmaintained, nearly turnkey threefamily with outdoor space, strong inplace income, and clear upside in one of Queens' most strategically located, transitconnected, and steadily appreciating border neighborhoods.

Maspeth NY 11378

4 bedroom house for sale

  • Beds: 4
  • Baths: 4
  • Price: $1,150,000
  • Area: 2,000 sqft

Location

Maspeth NY 11378

4 bedroom house for sale

< House Maspeth

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This House for sale is located at Maspeth NY 11378. The home has 4 Bedroom and 4 Bathrooms. This 4 bedroom House in Maspeth NY is for sale for $1,150,000 .

Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


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