Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Village Green Realty

Property view
Listing view 2
Listing view 3

5427 Arnold Avenue, 
Maspeth, NY 11378

$1,399,999


Bed


Bath


4,125

Sq Ft


Multi-Family

Active

Listed by

Kinga Switajski

Blt Minimax Realty Inc

Last updated:

August 12, 2026, 11:16 AM

MLS#

990773

Source:

OneKey MLS

About This Home

5427 Arnold Avenue

NEW PRICE– Now $1,399,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing 5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway ONLY $1,399,999! Don't miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1–4 family homes, making a property of this size a rare find. This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments. The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow. Property Highlights Price Reduced to $1,399,999 6 Total Apartments 5 Income-Producing Units 1 Unit Delivered Vacant $110,000+ Annual Income Rare 6-Family Building in a Neighborhood Dominated by 1–4 Family Homes Sunny Corner Location with Excellent Natural Light Full Basement Private Backyard Fenced Private Driveway with Parking for 2 Cars min. Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities Whether you're an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood. Price Improvement – Now Offered at $1,399,999. Schedule your private showing today.

Home Facts

Multi-Family

Built in 1915

Price Summary

1,399,999

$339 per Sq. Ft.

MLS #:

990773

Last Updated:

August 12, 2026, 11:16 AM

Added:

3 month(s) ago


Structure

Structure

Building Area:

4,125 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

2,500


Finances & Disclosures

Finances

Price:

$1,399,999

Price per Sq. Ft:

$339 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.