Updated 6 days ago
New this week

58-61 59th Street

Maspeth, Queens | 58th Drive & 59th Ave

9 Rooms7 Beds3 Baths2,744 Square FeetMulti-Family

$1,750,000
floors / apts2 / 2
Lot Size25'x107'
Built Size22'x41'
ZoneR5B
Building TypeHouse
RE Taxes$9,472
Price Per SF
$638

Property Description for 58-61 59th Street

Excellent investment opportunity in the heart of Maspeth, Queens! This solid brick two-family property at 58-61 59th Street offers approximately 2,244 square feet of building space on a generous 25 x 107-foot lot, this double wide lot offers parking for up to 6 large vehicles including bus... es or mini-vans. Featuring two stories, a full basement, and classic brick construction, this property presents an ideal opportunity for investors, developers, or owner-occupants seeking a multifamily residence with long-term value and potential. Situated in a desirable residential neighborhood with convenient access to shopping, restaurants, schools, and transportation, the property offers excellent connectivity to Brooklyn, Manhattan, and surrounding Queens communities. Zoned R5B with a C2-3 commercial overlay, the property may offer additional possibilities for renovation or expansion and build a larger multi-unit, subject to zoning regulations and approvals. Whether you're looking to generate rental income, create your ideal residence, or explore future development opportunities, this Maspeth property is full of potential. Don't miss this opportunity to invest in an established Queens neighborhood! Show more

Listing History for 58-61 59th Street

Now
11/05/2026
$1,750,000
Initial Price by Yvette Brown
Paramount Properties
Launch

Building Details for 58-61 59th Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Paramount and Bond
Broker
License#:
10491205804
Company:
Paramount Properties
Yvette Brown
Paramount Properties
View this property on the company's website

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 110758TH