Rare opportunity! Double Corner Lot in Maspeth Queens (zoned R5B/C2-3) with a lot totaling 50 ft x 107 ft (5,350 sqft total). The package consists of a legal 3 family brick home with a size of approximately 3,400 sqft plus back yard for parking and adjoined by a vacant lot. There is frontage on 59th Street and 59th avenue. Each lot measures 25 ft x 107 ft. The 3 family home measures appx. 25 ft x 55 ft across two floors and the third floor 25 ft x 24 ft. Newly renovated second floor apartment on 2nd floor. With R5B Zoning, appx 8,000 sqft can be built. C2-3 zoning is a commercial overlay allowing for a wide variety of commercial use groups. This valuable property is the perfect opportunity for residential or mixed use development. Information regarding development potential is provided for general guidance only. All building possibilities, zoning details, and permitted uses should be independently verified by the buyer with the appropriate city agencies and professionals. Neither the seller nor the listing broker guarantees or warrants any specific development outcome or approval.
Listed by Daniel J Soldano
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SOLDANO REALTY
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(718) 333-5233
Last updated November 06, 2025
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Source: REBNY #RLS20058635
Listing Facts
TypeSingle-family
NeighborhoodLinden Hill
Bedrooms5
Bathrooms3.5
Days on Prevu13
Taxes$8,376/year
Size3,400 sqft
Price per sqft$500
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
11/06/2025
Listed by SOLDANO REALTY
$1,700,000
Estimated Closing Costs
Total
$60,330
Attorney Fees
$4,000
NYC Mansion Tax
$17,000
Title Insurance
$7,650
Bank Attorney
$1,500
Mortgage Recording Tax
$26,180
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,700,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.