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5869 59th St
Maspeth, NY 11378
 Multifamily Property For Sale · 3 Units

Apartment Buildings New York Maspeth 5869 59th St, Maspeth, NY 11378

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Executive Summary

Discover an exceptional investment or end-user opportunity with this detached three-family home, perfectly positioned on a quiet residential block and paired with a valuable vacant lot next door. Properties like this are increasingly hard to find, offering both immediate rental income and long-term development potential.

Property Facts

Price Per Unit $533,333 Building Class C
Sale Type Investment Lot Size 0.12 AC
Sale Conditions
Distress Sale
  • Build to Suit
  • Redevelopment Project
 Building Size 3,525 SF
No. Units 3 Average Occupancy 100%
Property Type Multifamily No. Stories 3
Property Subtype
Apartment
  • Multifamily Dormitory
 Year Built 1930
Apartment Style Townhome
Zoning R5B C2-3 - A low-rise, contextual residential district allowing up to ~33-ft buildings (1.35 FAR) with a C2-3 overlay permitting neighborhood retail and service uses—typically ground-floor commercial with housing above, serving local needs
Price Per Unit $533,333
Sale Type Investment
Sale Conditions
Distress Sale
  • Build to Suit
  • Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class C
Lot Size 0.12 AC
Building Size 3,525 SF
Average Occupancy 100%
No. Stories 3
Year Built 1930
Zoning R5B C2-3 - A low-rise, contextual residential district allowing up to ~33-ft buildings (1.35 FAR) with a C2-3 overlay permitting neighborhood retail and service uses—typically ground-floor commercial with housing above, serving local needs

Property Taxes

Parcel Numbers
Multiple
  • 02699-0003
  • 02699-0001
 Improvements Assessment $32,724
Land Assessment $17,907 Total Assessment $50,631

Property Taxes

Parcel Numbers
Multiple
  • 02699-0003
  • 02699-0001
Land Assessment
$17,907
Improvements Assessment
$32,724
Total Assessment
$50,631
 

  • Listing ID: 39891097

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 5869 59th St, Maspeth, NY 11378

More public record information on 5869 59th St, Maspeth, NY 11378

The Multifamily Property at 5869 59th St, Maspeth, NY 11378 is currently available for Sale. Contact RE/MAX Team for more information.

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