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5954 Grand Ave, Maspeth, NYC

Home › Listings › Maspeth › 5954 Grand Ave

$2,190,000
Active 1 days on market
MLS# 1055096

5954 Grand Ave

📍 Maspeth, Maspeth, NY 11378

Other
Type

About this property

Maspeth Development Opportunity: 9,679 SQ FT Pre-Subdivided Through Lot (Zoned R4-1) SOLD AS A PACKAGE: 59-49 58th Road (B: 2697-L: 93, features 1 family), 59-54 Grand Ave (B: 2697-L: 21, features garage), and 59-51 58th Road (aka 59-53 58th Road B: 2697-L: 92, vacant) in Maspeth, Queens. This is a premier street-to-street footprint that completely bridges two blocks: 58th Road and Grand Avenue. With a total lot size of 9,679 square feet and flexible R4-1 zoning, the property offers massive development and multi-unit construction potential. Because the package is already legally split into three distinct tax lots, you completely bypass the typical subdivision bureaucracy. The unique through
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Amenities & features

DEVELOPMENT OPPORTUNITYPRE-SUBDIVIDED THROUGH LOTZONED R4-1DISTINCT TAX LOTSTHROUGH-LOT LAYOUTDUAL STREET FRONTAGE

Key facts

Distinct tax lots
Dual street frontage
Zoned r4-1

Property details

Property typeOther
Listing statusActive
Lot size4,740 sqft
Days on market1 days
MLS #1055096

Estimated monthly payment

Listing price$2,190,000
Down payment (20%)$438,000
Loan amount$1,752,000
Principal & interest (7%, 30yr)$11,656/mo
Property tax (est.)$2,129/mo
Home insurance (est.)$912/mo
Estimated total$14,697/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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