5427 Arnold Avenue, Maspeth, NY 11378

Maspeth
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
5427 Arnold Avenue,Maspeth, NY 11378
$1,499,999
  • - Beds
  • - Baths
  • 4,125 sq. ft.
  • Multi-family
  • Active
Listed by: kinga switajski
Office: blt minimax realty inc
MLS#:990773
Source:OneKey MLS

Price summary

  • Price:$1,499,999
  • Price per sq. ft.:$363.64

About this home

JUST REDUCED – Now $1,499,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing 5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway Recently Reduced to $1,499,999! Don't miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1–4 family homes, making a property of this size a rare find. This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments. The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow. Property...

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Home facts

  • Year built:1915
  • Listing ID #:990773
  • Added:65 day(s) ago
  • Updated:June 30, 2026 at 11:12 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Finished, Full, Partially Finished
  • Living area:4,125 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:4,125 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Private
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,999
  • Price per sq. ft.:$363.64
  • Tax amount:$12,215 (2025)

Features and amenities

  • Amenities:Open Floorplan

Parking

  • Total parking spaces:2
  • Parking description:Private
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