6165 56th Road, Maspeth, NY 11378

• 4,860 sqft

Property Description

Three Story Mixed-Use Building Featuring A Street Level Retail & Five Apartments. NO RENT CONTROL / STABILIZATION 5 FREE-MARKET TWO BEDROOM APARTMENTS PLUS GARAGE. Property Is Currently 100% Tenanted And It Already Generates A Good Cash Flow. Even So, All Gross Rents Are Substantially Below Market Value And Present Tremendous Opportunity To Reposition And Significantly Increase the Income. Each Apartment Consists of Two Bedrooms And Tenants Have No Leases. Commercial Space Lease Expires in Few Months. Some Units Have Been Significantly Updated Throughout The Years And Are In A Good Condition. Also Big Ticket Mechanicals Such As A Central Heater & A Water Heater Have Been Upgraded Approximately 2 Years Ago While The Roof Has Been Redone Last Year. Positioned In The Heart Of Maspeth, This Property Is Surrounded By An Exciting Blend Of Commerce & Connectivity. Perfect For 1031 Exchange & Investors Looking For Significant Upside Through Lease-Up & Renovation.

Listing Status:

Active

Data Last Updated:

February 8, 2026 at 7:20AM

Listing Office:

Exit All Seasons Realty : 718-345-4545

MLS ID:

958681

Interior

• Basement: Full
• A/C: Multi Units
• Heating: Natural Gas

Exterior

• Parking: GarageParking spaces: 1

Location

• Originating MLS: onekey2
• County: Queens

Lot

• Zoning: R4-102709-0001

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2