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Sold for $250,000 on 08/03/23
  • $250,000

    7127 58th Rd, Maspeth, NY 11378

    5beds
    2,632sqft
    MultiFamily
    Built in 1972
    -- sqft lot
    $1,112,500 Zestimate®
    $95/sqft
    $2,987 Estimated rent

    Home value

    $1,112,500

    $912,000 - $1.31M

    $2,987/mo

    Zestimate® history
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    $1,238/mo

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    $1,238/mo

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    What's special

    Large brick 3 unit building in upper Maspeth/Middle Village with off street parking and a large garage. Sitting on a 22x100ft lot and wider than most buildings in the neighborhood the house has been meticulously cared for by current owner. This property is occupied by 1 tenant but can be delivered vacant. The first floor unit offers a large bedroom and direct access to private backyard. The second floor apartment was recently renovated with a new kitchen and bath and has a private terrace, and the third floor unit gets excellent morning and sunset light in the living room and bedrooms, with gorgeous hardwood floors throughout. 2 BR units feature large kitchens, living rooms, foyers which may easily be office spaces and windowed dining areas. The home also features great closet space, washer/dryer, newer rubber roof (2015), large hot water heater and brand new gas heating system (2020). The new owner would be able to immediately capitalize on rental upside as current tenants are paying at least 25% under market value. An additional value-add would come from adding a third bedroom on the front portion of the upstairs apartments. Mechanicals and structure are in excellent shape. New rubber roof was completed 5 years ago and the property is zoned for three neighborhood schools. The house is minutes from the LIE and BQE and within within to Stop and Shop as well as several parks 24hr notice is required for any showings.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Radiant, Gas
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,632 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick, Cement / Concrete
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,024 sqft
    Details
    • Parcel number: 028190248

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1972

    Community & neighborhood

    Location
    • Region: Maspeth

    Other

    Other facts
    • Class: Res
    • Driveway: Pvt
    • Fuel: Gas
    • Picture: Y
    • Detached/Attached: Att
    • Den/Family Room: Y
    • Style: 2 Story
    • Zone: 11
    • A/C: 7
    • # Fireplaces: 0
    • # Kitchens: 3
    • County: Queens
    • MBR 1ST FLOOR: Y

    Price history

    DateEventPrice
    8/3/2023Sold$250,000-82.1%$95/sqft
    Source: Public Record
    6/4/2021Listing removed--
    Source: OneKey® MLS #3283318
    1/25/2021Price change$1,399,000-0.1%$532/sqft
    Source: OneKey® MLS #3283318
    12/14/2020Listed for sale$1,400,000-6.6%$532/sqft
    Source: Owner
    2/6/2019Listing removed$1,498,888$569/sqft
    Source: Compass Greater NY LLC #3011475

    Public tax history

    YearProperty taxesTax assessment
    2024-- $72,420 -2.3%
    2023-- $74,100 -4.8%
    2022-- $77,820 +5.3%

    Find assessor info on the county website

    Neighborhood: Maspeth

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Community District 24

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.