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

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 $742,848 CAD
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

Property Taxes

Parcel Numbers
Multiple
  • 02699-0003
  • 02699-0001
Land Assessment
$24,942 CAD
Improvements Assessment
$45,579 CAD
Total Assessment
$70,521 CAD
  • Listing ID: 39891097

  • Date on Market: 2026-03-24

  • Last Updated:

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

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