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5427 Arnold Avenue, 
Maspeth, NY 11378

$1,530,000


Bed


Bath


4,125

Sq Ft


Multi-Family

Active

Listed by

Kinga Switajski

Blt Minimax Realty Inc

Last updated:

May 22, 2026, 10:55 AM

MLS#

990773

Source:

OneKey MLS

About This Home

5427 Arnold Avenue

Rare Sunny 6-Family Corner Property in Maspeth – $110K Income! 5 Units Rented + 1 Vacant | Backyard, Partially Finished Basement & 2-Car Driveway Exceptional opportunity to own a 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 throughout and strong long-term investment value. The property is currently generating approximately $110,000 in annual income, with 5 rent-stabilized apartments at legal rents, ensuring consistent and reliable cash flow. The 6th unit is owner-occupied and will be delivered vacant at closing—perfect for an end-user or for increasing rental income. Key Features: 6 total units (5 rented, 1 delivered vacant) Strong, stable income with upside potential Rare building size for Maspeth Sunny corner property with great natural light exposure Full basement (partially finished) – ideal for storage or additional use Private backyard Fenced private driveway – parking for 2 cars (very limited in the area) Conveniently located near major highways, shopping, and local amenities, making it attractive to both tenants and investors. Perfect for investors seeking steady returns or buyers looking to live in one unit while generating income from the rest.

Home Facts

Multi-Family

Built in 1915

Price Summary

1,530,000

$370 per Sq. Ft.

MLS #:

990773

Last Updated:

May 22, 2026, 10:55 AM

Added:

a month ago


Structure

Structure

Building Area:

4,125 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

2,500


Finances & Disclosures

Finances

Price:

$1,530,000

Price per Sq. Ft:

$370 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.

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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.