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$1,880,000
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Property Description
Three Story Mixed-Use Building Featuring A Street Level Retail & Five Apartments. NO RENT CONTROL / STABILIZATION 5 FREE-MARKET TWO BEDROOM APARTMENTS PLUS GARAGE. Property Is Currently 100% Tenanted And It Already Generates A Good Cash Flow. Even So, All Gross Rents Are Substantially Below Market Value And Present Tremendous Opportunity To Reposition And Significantly Increase the Income. Each Apartment Consists of Two Bedrooms And Tenants Have No Leases. Commercial Space Lease Expires in Few Months. Some Units Have Been Significantly Updated Throughout The Years And Are In A Good Condition. Also Big Ticket Mechanicals Such As A Central Heater & A Water Heater Have Been Upgraded Approximately 2 Years Ago While The Roof Has Been Redone Last Year. Positioned In The Heart Of Maspeth, This Property Is Surrounded By An Exciting Blend Of Commerce & Connectivity. Perfect For 1031 Exchange & Investors Looking For Significant Upside Through Lease-Up & Renovation.
Full Property Details
Full Property Details for 61-65 56th Rd
General
- Price: $1,880,000
- Taxes: $10,066
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 958681
- Updated: 2/5/2026
- Added to Site: 8 day(s) ago
Business
- Business Type: Professional/Office, Travel
Parking
- Total Spaces: 1
- Parking Features: Garage
Location
- County: Queens
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 4860
- Square Feet: 4,860
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.0767
- Lot Size (Sq. Ft.): 3,342
- Zoning: R4-1
Financial Considerations
- Tax Amount: $10,066
Disclosures and Reports
- Special Conditions: None
- Property ID: 02709-0001
Listed by Exit All Seasons Realty
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Schools
Schools serving 61-65 56th Rd
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 153 Maspeth 60-02 60th Ln, Queens, NY 11378 | K-6 | 0.6 mi |
Is 73 The Frank Sansivieri Intermediate School 70-02 54th Ave, Queens, NY 11378 | 6-8 | 0.5 mi |
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385 | 9-12 | 1 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 61-65 56th Rd
Date
Details
Price
Change
Source
2/05/2026
Listed
$1,880,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 61-65 56th Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,315
5%
$51,358
-46%
2024
$9,835
5%
$94,680
103%
2023
$9,366
5%
$46,630
-53%
2022
$8,934
-3%
$98,820
6%
2021
$9,258
2%
$93,120
-9%
2020
$9,059
5%
$102,360
17%
2019
$8,638
16%
$87,660
126%
2017
$7,473
—
$38,858
6%
2017
$7,473
2%
$36,660
—
2016
$7,329
5%
$36,660
3%
2015
$6,974
18%
$35,665
5%
2014
$5,915
12%
$34,006
5%
2013
$5,269
—
$32,382
—
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 61-65 56th Rd
6165 56th Road, Maspeth, NY 11378 (MLS# 958681) is a Commercial property. 6165 56th Road is currently listed for $1,880,000 and was received on February 05, 2026. Want to learn more about 6165 56th Road? Do you have questions about finding other Commercial real estate for sale in Maspeth? You can browse all Maspeth real estate or contact a Coldwell Banker agent to request more information.

