5940 56th Drive, Maspeth, NY 11378 - Photo 1

1/1

$790,000

Sold
Closed
Multi-Family
3 Total Beds

1/1

Property Description

"Luck Is When Opportunity Knocks And You Answer'". This Two Family Property In MASPETH Not Only Offers EXCELLENT INCOME POTENTIAL But It Also Presents An Outstanding EQUITY GROWTH OPPORTUNITY & Future CASH FLOW. This Multi-Family Home Consists Of A Two Bedroom Unit On The Second Floor & A Spacious One Bedroom Units On The Lower Level. Each Apartment Features Flexible Layout To Maximize Your COMFORT, RENTAL INCOME Or RESALE VALUE. And Do Not Overlook An Additional Opportunity In The Full Size Basement. Once It's Finished It Will Add Plenty Of EXTRA FUNCTIONAL SPACE. Whether You're Looking To Renovate And Occupy Or Flip - Considering FUTURE APPRECIATION & STRONG RENTAL DEMAND This Property Really Checks All The Right Boxes.

Full Property Details

Full Property Details for 59-40 56th Dr

General

Sold For: $790,000
Taxes: $5,257
Status: Closed
Type: Multi-Family
Source: Long_Island
MLS ID: 867034
Added to Site: 234 day(s) ago

Interior

Interior Features: High Ceilings

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Location

County: Queens
Cross Streets: 59th Place

School Information

High School District: Queens24
Elementary School: Ps 153 Maspeth Elementary
Middle School: Is 73 Frank Sansivieri Intermediate School (The)
High School: Grover Cleveland High School

Heating & Cooling

Cooling Type: Multi Units
Heating Type: Hot Water

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected

Structural Information

Detached/Attached: Attached
Construction: Frame
Basement: Yes
Basement Desc.: Full Basement, Unfinished
Year Built: 1940

Financial Considerations

Tax Amount: $5,257

Disclosures and Reports

Special Conditions: None

Listed by Exit All Seasons Realty
Sold by Exit All Seasons Realty

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Listing agent

— 59-40 56th Dr —

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718-345-4545

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Schools

Schools serving 59-40 56th Dr

School District:New York City Geographic School District 24

Name	Grades	Distance
Ps 153 Maspeth 60-02 60th Ln, Queens, NY 11378	K-6	0.5 mi
Is 73 The Frank Sansivieri Intermediate School 70-02 54th Ave, Queens, NY 11378	6-8	0.8 mi
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 59-40 56th Dr

Date

Details

Price

Change

Source

10/21/2025

Sold

$790,000

-7.06%

MLS

5/27/2025

Listed

$850,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5940 56th Drive, Maspeth, NY 11378 (MLS# 867034) is a Multi-Family property that was sold at $790,000 on October 21, 2025. Want to learn more about 5940 56th Drive? Do you have questions about finding other Multi-Family real estate for sale in Maspeth? You can browse all Maspeth real estate or contact a Coldwell Banker agent to request more information.

59-40 56th Dr Maspeth, NY 11378