67-27 52nd Avenue
Property Description
Welcome to 67-27 52nd Avenue, a rare Maspeth opportunity offering a unique combination of residential income potential and future development possibilities. This offering includes two separate 25x100 lots totaling 50x100 square feet, including the existing detached two-family residence at 67-27 52nd Avenue, and the separate, but adjacent vacant lot at 67-25 52nd Avenue. The existing two-family home features a recently updated second-floor apartment, while the first-floor unit provides an opportunity for renovation and customization. A rare detached two-car garage, along with an expansive driveway, provides parking for approximately 5-6 vehicles, offering a level of convenience rarely found in Maspeth. The adjacent 25x100 vacant lot is currently maintained as a landscaped garden space, creating an approximately 2,500-square-foot private yard rarely available in Maspeth. The two separate lots together also create a significant development opportunity. With R4-1 zoning, the property may offer potential for the development of two new two-family residences, subject to applicable zoning regulations and professional review. Conveniently located near 69th Street, providing access to multiple bus routes and public transportation options, with a nearby train station offering additional commuting convenience. This is an exceptional opportunity for developers, investors, or homeowners seeking a rare Maspeth two-family property with an expansive private yard, detached garage, abundant parking, immediate income potential, and future upside. Property to be sold vacant and as-is in all respects. Though believed accurate, all information including taxes, schools, zoning, use, and development potential must be independently verified. Taxes are stated for 2025-2026 per NYC Dept of Finance, and do not include any deductions for STAR exemptions. Schools are as reported by Niche. Owner, Listing Agents & Listing Brokers are not responsible for any inaccuracies, prospective buyers & their agents must confirm all facts.Broker Details
DynamicEdge Realty (718) 440-4180
MLS ID: 162804 State License Number: 10491203217
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,478,000 |
| No. of Units: | 2 |
| Year Built: | 1940 |
| Opportunity Zone: | No |
| Price per unit: | $739,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-MLSLINY-1027580
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