$1,285,000
Updated 2 months ago
Off Market

61-12 55th Street

Ridgewood, Queens | Arnold Ave & Andrews Ave

Multi-Family

$1,285,000
floors / apts2 / 4
Lot Size25'x100'
Built Size25'x54'
ZoneR4
Building TypeHouse
RE Taxes$8,100

Property Description for 61-12 55th Street

Excellent investment opportunity in Maspeth! This well-maintained four-unit property features four railroad-style one-bedroom apartments, each offering three rooms, a separate kitchen, and a full bathroom.

One apartment will be delivered vacant, providing an excellent opportunity for an owner-occupant or for achieving market rent. The remaining units offer steady rental income, making this an attractive property for both investors and end users.

Conveniently located approximately 0.75 miles from the L and M subway lines, with easy access to shopping, restaurants, local parks, and major highways. A rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods.


Listing History for 61-12 55th Street

Now
07/14/2026
TOM by Zofia Marszalek
Douglas Elliman
07/14/2026
$1,285,000
Initial Price by Zofia Marszalek
Douglas Elliman

Building Details for 61-12 55th Street

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1915
Floors/Apts2/4
Learn More About the Building

Contact Agent

Contact Agent

Zofia Marszalek
Douglas Elliman

Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior. 

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel. 

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 107193TH