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
$1,530,000
  • - 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:$1,530,000
  • Price per sq. ft.:$370.91

About this home

Rare Sunny 6-Family Corner Property in Maspeth – $110K Income! 5 Units Rented + 1 Vacant | Backyard, Partially Finished Basement & 2-Car Driveway Exceptional opportunity to own a 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 throughout and strong long-term investment value. The property is currently generating approximately $110,000 in annual income, with 5 rent-stabilized apartments at legal rents, ensuring consistent and reliable cash flow. The 6th unit is owner-occupied and will be delivered vacant at closing—perfect for an end-user or for increasing rental income. Key Features: 6 total units (5 rented, 1 delivered vacant) Strong, stable income with upside potential Rare building...

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Home facts

  • Year built:1915
  • Listing ID #:990773
  • Added:1 day(s) ago
  • Updated:April 26, 2026 at 01:49 PM

Rooms and interior

  • Basement:Yes
  • Basement Description: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
  • Construction Materials:Brick, Vinyl Siding

Utilities

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

Finances and disclosures

  • Price:$1,530,000
  • Price per sq. ft.:$370.91
  • Tax amount:$12,215 (2025)

Features and amenities

  • Amenities:Open Floorplan

Parking

  • Total parking spaces:2
  • Parking description:Private
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