Perfect Investment Opportunity For A Buyer Looking For A Steady Cash Flow & Multi Family Property That Offers Unregulated Rent. This Four Family Is Configured As Two Individual Two Family Properties Offering Four Market Rate Rental Units That Are Not Subject To Rent Control Or Rent Stabilization. Both Buildings Are In A Very Good Condition And In Addition Feature Full Finished Basements. Oversized 40' x 100' Lot Also Offers Even More Income Potential And Two One Car Garages. Situated In Maspeth - Neighborhood Known For It's Suburban Atmosphere And Steadily Increasing Rent Prices.
Listed by Jaroslaw Kaszuba
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Exit All Seasons Realty
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718-345-4545
Last updated December 06, 2025
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Source: OneKey #939110
Listing Facts
TypeMulti-family
NeighborhoodMaspeth
Bedrooms10
Bathrooms6
Days on Prevu16
Taxes$16,486/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/25/2025
Listed by Exit All Seasons Realty
$1,799,000
Estimated Closing Costs
Total
$63,290
Attorney Fees
$4,000
NYC Mansion Tax
$17,990
Title Insurance
$8,096
Bank Attorney
$1,500
Mortgage Recording Tax
$27,704
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,799,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 6040 55th Drive
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Year Built: 1924
Construction Materials: Vinyl Siding
Measurements
Building Area Total: 4,150
Building Area Units: Square Feet
Lot Size Acres: 0.09
Lot Size Dimensions: 41
Lot Size Square Feet: 4,150
Financial
Taxes
Parcel Number: 02702-0121
Tax Annual Amount: $16,486.00
Tax Assessed Value: $304,200.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 10
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Features: Garage
Parking Total: 2
Utilities
Equipment
Heating: Hot Water
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 10 bedrooms and 6 bathrooms in this multi-family home at 6040 55th Drive.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 6040 55th Drive.
What are the annual taxes for 6040 55th Drive?
Annual taxes for this multi-family home are estimated at $16,486.
How does 6040 55th Drive compare to other multi-family homes in Maspeth?
This multi-family home is listed 27% above the average price for multi-family homes in Maspeth and has been on the market for 70 less days than the typical home in this area.
6040 55th Drive is a 10-bedroom, 6-bath multi-family home for sale in Maspeth NY 11378. Listed on Prevu for 16 days at $1,799,000. This residence is located in Maspeth. The median listing price for multi-family homes in this area is $1,100,000. Additional amenities include parking. View other multi-family home listings in Queens.
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