5427 Arnold Avenue, Maspeth, NY 11378
Local realty services provided by:CENTURY 21 Kafcos Realty
5427 Arnold Avenue,Maspeth, NY 11378
$1,399,999
- - 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:$1,399,999
- Price per sq. ft.:$339.39
About this home
NEW PRICE– Now $1,399,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing
5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway
ONLY $1,399,999! Don't miss this exceptional opportunity to own a rare 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, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments.
The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow.
Property Highlights
Price Reduced to $1,399,999
6 Total Apartments
5 Income-Producing Units
1 Unit Delivered Vacant
$110,000+ Annual Income
Rare 6-Family Building in a Neighborhood Dominated by 1–4 Family Homes
Sunny Corner Location with Excellent Natural Light
Full Basement
Private Backyard
Fenced Private Driveway with Parking for 2 Cars min.
Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities
Whether you're an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood.
Price Improvement – Now Offered at $1,399,999. Schedule your private showing today....
Contact an agent
Home facts
- Year built:1915
- Listing ID #:990773
- Added:142 day(s) ago
- Updated:September 15, 2026 at 11:10 AM
Rooms and interior
- Basement:Yes
- Basement Description:Finished, 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
- Lot Features:Private
- Construction Materials:Brick, Vinyl Siding
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,399,999
- Price per sq. ft.:$339.39
- Tax amount:$12,215 (2025)
Features and amenities
- Amenities:Open Floorplan
Parking
- Total parking spaces:2
- Parking description:Private
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