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$1,799,999 Just Listed
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Property Description
Welcome to this versatile mixed-use property located in the heart of Maspeth, Queens. This well-maintained building offers a unique opportunity for both end-users and investors, combining comfortable residential living with additional income potential. The upper level features a functional residential layout with good natural light, ideal for owner occupancy or rental use. The property also includes a full basement currently used for storage, providing additional usable space. The building has been well maintained, including a recently replaced roof with an active warranty, and a boiler that was updated less than one year ago. A standout feature of this property is the rear parking area, which includes multiple garage spaces. This is a rare find in the area and provides added convenience and potential value. The property is currently configured with income-generating components and offers flexibility due to month-to-month tenancy structure. Conveniently located near major transportation, shopping, and neighborhood amenities, this property presents a strong opportunity for buyers seeking functionality, flexibility, and long-term value.
Full Property Details
Full Property Details for 60-42 55th St
General
- Price: $1,799,999
- Taxes: $6,236
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 989753
- Updated: Today (4/23/2026)
- Added to Site: Today
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Other
Location
- County: Queens
Heating & Cooling
- Cooling Type: Varies by Unit
- Heating Type: Natural Gas, Other
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Basement Desc.: None
- Building Size: 2800
- Square Feet: 2,800
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.058
- Lot Size (Sq. Ft.): 2,525
Financial Considerations
- Tax Amount: $6,236.32
Disclosures and Reports
- Special Conditions: None
- Property ID: 02638-0007
Listed by Loyaltty Inc
Get Pre-Approved Today
Schools
Schools serving 60-42 55th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
ACE Academy for Scholars at the Geraldine Ferraro Campus 55-20 Metropolitan Ave, Queens, NY 11385 | K-5 | 0.2 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 0.8 mi |
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 60-42 55th St
Date
Details
Price
Change
Source
4/23/2026
Listed
$1,799,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 60-42 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,390
—
$31,816
-44%
2024
$6,390
1%
$57,060
81%
2023
$6,333
5%
$31,530
-47%
2022
$6,046
2%
$59,040
10%
2021
$5,911
5%
$53,580
-6%
2020
$5,612
—
$57,060
11%
2019
$5,612
2%
$51,240
95%
2018
$5,496
9%
$26,275
6%
2017
$5,057
8%
$24,808
6%
2016
$4,679
8%
$23,407
6%
2015
$4,320
3%
$22,094
—
2014
$4,202
12%
$22,094
1%
2013
$3,764
—
$21,896
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 60-42 55th St
6042 55th Street, Maspeth, NY 11378 (MLS# 989753) is a Multi-Family property with 3 units containing 3 bedrooms and 2 full bathrooms. 6042 55th Street is currently listed for $1,799,999 and was received on April 23, 2026. Want to learn more about 6042 55th Street? 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.

