60-42 55 STREET

Mixed-use property located in the heart of Maspeth featuring a commercial unit on the ground floor and two residential units above. The commercial space was previously operated as a grocery store and includes a gas line and existing commercial hood, offering strong potential for food-related use (subject to approvals), commercial space is vacant. The residential portion consists of two units: 2bed/1bath apt & 1bed/1bath apt, currently rented on a month-to-month basis, providing flexibility for both investors and end-users. The property includes a full basement used for storage, a recently replaced roof under warranty, and a boiler that was updated less than one year ago. At the rear, the property offers a total of four garage spaces: one double-car garage and two additional single-car garages. The garages are currently rented on an informal basis, creating additional income potential. Conveniently located near major transportation routes, local businesses, and community amenities. Ideal opportunity for investors seeking a mixed-use asset with income potential and future upside. Perfect deal for investors, zoning R4 and lot is 25.25ft x 100ft CORNER !

1. listedApr 30, 2026

   $1.80M
   Listed by Royer I Silva Rosales, LREB
2. closingDec 3, 2019

   $0
   Closing record
3. closingOct 1, 2019

   $0
   Closing record
4. closingJun 18, 2012

   $0
   Closing record