60-72 56th Street

Gut renovated, semi-detached, 25x55ft, 2-story plus basement, 4-family with 3 exposures and stunning backyard on an extra-large 25x100ft lot. Two units located on each floor strategically separated by the buildings common stairwell for extra privacy. Unit 1R includes a 2 bedroom, 1 bathroom, with open kitchen that flows into the living/dining area and separates the front and rear bedroom that has access to the private backyard. The private finished backyard with stunning views of the surrounding neighborhood and luscious green trees is a picturesque backdrop. Unit 2R, located on the 2nd floor, consists of the same layout but features a 3rd bedroom and a skylight in the living room. Units 1L and 2L are the same, as each of these two units consists of 2 bedrooms and 1 bathroom with an open living/dining room and kitchen. Centrally located in Maspeth with close proximity to Ridgewood, 4 blocks from Metropolitan Avenue and a couple blocks away from Grover Cleveland Playground. 60-72 56th Street is an ideal investment property with open layouts, naturally lit by 3 exposures and sizable bedrooms each with a closet. Fully upgraded with central heating and cooling, modern finishes and stainless steel appliances in all 4 units. Estimated projected annual income of $106,800 and 5.72% CAP Rate.