Buy with Yoreevo
$1,503,225
List Price: $1,530,000
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5427 Arnold Avenue
House in Maspeth •  building info
studio • 2,500ft² $612 per ft²
Buy with Yoreevo

$1,503,225

List Price

$1,530,000

Key Details
Day on market
1
Last price change
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Estimated payment
$9,274/mo
Taxes
$1,018/mo
Maintenance
N/A
Description
Rare Sunny 6-Family Corner Property in Maspeth – $110K Income! 5 Units Rented + 1 Vacant | Backyard, Partially Finished Basement & 2-Car Driveway Exceptional opportunity to own a 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 throughout and strong long-term investment value. The property is currently generating approximately $110,000 in annual income, with 5 rent-stabilized apartments at legal rents, ensuring consistent and reliable cash flow. The 6th unit is owner-occupied and will be delivered vacant at closing—perfect for an end-user or for increasing rental income. Key Features: 6 total units (5 rented, 1 delivered vacant) Strong, stable income with upside potential Rare building size for Maspeth Sunny corner property with great natural light exposure Full basement (partially finished) – ideal for storage or additional use Private backyard Fenced private driveway – parking for 2 cars (very limited in the area) Conveniently located near major highways, shopping, and local amenities, making it attractive to both tenants and investors. Perfect for investors seeking steady returns or buyers looking to live in one unit while generating income from the rest.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,530,000
Asking Price: $1,530,000
Term
30 Years
Down Payment
$153,000 (10%)
Min: 10% (153,000)
Rate
6.0 %
Mortgage Amount
$1,377,000
Mortgage Payment
$8,256
Taxes
$1,018
Estimated Yoreevo rebate
$26,775
Estimated closing cost
$55,000
Total monthly cost $9,274
Buy your dream home with us and get an estimated $26,775 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of BLT Minimax Realty Inc

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.