Prime Two-Family Home in Maspeth – Ideal for Investors or End-Users!
This beautifully renovated brick two-family home is the perfect opportunity for both investors and end-users alike. With a proven rental history of $7,500/month from two separate units, the property offers strong income potential. The living space was expanded to 2,400 Sq Ft* and has a ENORMOUS basement. All measurements are approximate and should be verified independently by the buyer.
Each unit has been thoughtfully updated with modern finishes, including quartz countertops, shaker cabinetry, hardwood flooring, and spa-like bathrooms with marble details. The home also features a fully finished basement with a private entrance, offering flexibility for extended living or additional recreational space.
Whether you’re looking to generate steady rental income or live in one unit and rent out the other to offset your mortgage, this property delivers on both comfort and investment value.
Listed by Dina Yusupova
·
Charles Rutenberg Realty Inc
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Dina.yusupova@crrnys.com
Last updated September 07, 2025
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Source: OneKey #879556
Listing Facts
TypeMulti-family
NeighborhoodMaspeth
Bedrooms5
Bathrooms5
Days on Prevu83
Taxes$8,635.76/year
Amenities
Air Conditioning
Location
Mortgage Calculator
Listing History
09/01/2025
Price Decreased
$1,399,000
06/18/2025
Listed by Charles Rutenberg Realty Inc
$1,450,000
Estimated Closing Costs
Total
$51,330
Attorney Fees
$4,000
NYC Mansion Tax
$13,990
Title Insurance
$6,296
Bank Attorney
$1,500
Mortgage Recording Tax
$21,544
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,399,000 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 68-02 Jay Ave
Exterior
Construction
Number Of Units Total: 2
Year Built: 1910
Construction Materials: Brick
Measurements
Building Area Total: 2,400
Building Area Units: Square Feet
Financial
Taxes
Tax Annual Amount: $8,635.76
Tax Year: 2024
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Crown Molding, Eat-in Kitchen, Entrance Foyer, His And Hers Closets, Open Floorplan, Open Kitchen, Walk-In Closet(s), Washer/Dryer Hookup
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 5
Parking
Parking
Garage: Yes
Utilities
Equipment
Cooling: Central Air
Heating: ENERGY STAR Qualified Equipment
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Trash Collection Public, Water Available, Water Connected
Water Source: Public
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.