5427 Arnold Avenue
Maspeth, NY 11378
Maspeth
Studio
4,125 sqft
Studio
4,125 sqft
Home Highlights
Parking
Carport
Climate Control
Heating only
Price/Sqft
$339
Listed
102 days ago
Local Information
- Map ViewExplore the area around 5427 Arnold Avenue.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
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.
Last check for updates: about 11 hours ago
Listing by: BLT Minimax Realty Inc, (718) 609-0800
Kinga Switajski, (646) 597-2537
Source: OneKey® MLS as distributed by MLS GRID, MLS#990773
Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 5427 Arnold Avenue
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Interior Details Basement: Finished,Full,Partially Finished |
Appliances & Utilities Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected |
Heating & Cooling Heating: Natural Gas,OtherNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Tile, Vinyl, Wood |
Levels, Entrance, & Accessibility Floors: Ceramic Tile, Tile, Vinyl, Wood |
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Exterior Home Features Fencing: Back Yard, Partial |
Parking & Garage Has a CarportNo GarageParking Spaces: 2Parking: Private |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 102Days on Market: 102 |
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Year Built Year Built: 1915Year Renovated: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family |
Building Construction Materials: Brick, Vinyl SidingNot Attached Property |
Property Information Parcel Number: 026380036 |
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Price List Price: $1,399,999Price Per Sqft: $339 |
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MLS Status: Active |
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Direction & Address City: Maspeth |
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Listing Agent Listing ID: 990773 |
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Building Area Building Area: 4125 Square Feet |
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Not Senior Community |
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Lot Area: 2500 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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BasementMls Number: 990773Attribution Contact: 718-609-0800Showing Requirements: Appointment Only, Call Listing Agent |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Price History for 5427 Arnold Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 08/06/2026 | $1,399,999 | PriceChange | OneKey® MLS as distributed by MLS GRID #990773 |
| 06/02/2026 | $1,499,999 | PriceChange | OneKey® MLS as distributed by MLS GRID #990773 |
| 04/26/2026 | $1,530,000 | PriceChange | OneKey® MLS as distributed by MLS GRID #990773 |
| 07/16/2019 | $1,950,000 | PriceChange | Agent Provided |
| 06/06/2019 | $2,150,000 | PriceChange | Agent Provided |
| 05/16/2018 | $2,700,000 | Listed For Sale | Agent Provided |
| 12/01/2017 | $2,250,000 | ListingRemoved | Agent Provided |
| 05/12/2017 | $2,250,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 5427 Arnold Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $650,000 | 10/17/25 | 7 | 5 | 2,434 | |
0.11 | Multi-Family Home | $1,350,000 | 08/26/25 | 8 | 4 | 3,400 | |
0.06 | Multi-Family Home | $1,080,000 | 03/19/26 | 8 | 3 | 2,500 | |
0.10 | Multi-Family Home | $1,161,000 | 11/25/25 | 7 | 3 | 2,750 | |
0.08 | Multi-Family Home | $1,030,000 | 12/16/25 | 1 | 2,886 | ||
0.27 | Multi-Family Home | $1,160,000 | 03/26/26 | 6 | 4 | 3,602 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETCity Homes Realty Group LLC
Assigned Schools
These are the assigned schools for 5427 Arnold Avenue.
- Grover Cleveland H.S.
- 9-12
- Public
- 1695 Students
2/10GreatSchools RatingParent Rating AverageMy child goes to this school and I have to say I am extremely happy with the teachers and the principal. I have heard awful things about this school and was nervous to send my child here. The school is great and my son loves it. His teachers are very nice and helpful. Great communication. This school has gotten such a bad reputation. I do not have a bad thing to say about this school. I know a lot of other parents who feel the same as I do. The school is clean. Everyone is nice (principal, security, people who work in the main office, etc)Parent Review2y ago - Is 93 Ridgewood
- 6-8
- Public
- 961 Students
3/10GreatSchools RatingParent Rating AverageI had a horrible experience at this school. They’re telling my niece who is currently a student that I was a monster. My niece knows what was actually going on behind the scenes so how dare they try to change the narrative and destroy my character. I was being bullied and they did nothing!Other Review2y ago - ACE Academy for Scholars at the Geraldine Ferraro Campus
- PK-5
- Public
- 575 Students
8/10GreatSchools RatingParent Rating AverageThe school doesn't promote or recognize high achievements of African American students and they do nothing when it comes to bullying. They mainly focus on encouraging and accepting diversity in the LBGTQ community and that's all. My son went there for six years. He was always an A student, never got into any trouble, scored the highest on the state Math Exam. He also won a full scholarship at a private school. He was never recognize for any of his achievements. He also endured bullying which the principal nor the assistant principal did anything about until they received a letter from his pediatrician demanding they do something to end the bullying. They moved him immediately from the general class to the gifted and talented class. He was supposed to be placed in the gifted and talented class a couple of years prior to them moving him. The principal always told me there was no room. The school condones bullying and fails to promote diversity.Parent Review5y ago 
Check out schools near 5427 Arnold Avenue.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Maspeth
At least 692 Trulia users voted on each feature.
90 % Say there are sidewalks
86 % Say it's dog friendly
83 % Say it's walkable to grocery stores
78 % Say it's walkable to restaurants
75 % Say streets are well-lit
72 % Say people would walk alone at night
66 % Say there's holiday spirit
64 % Say yards are well-kept
59 % Say car is needed
59 % Say they plan to stay for at least 5 years
54 % Say kids play outside
52 % Say it's quiet
50 % Say neighbors are friendly
46 % Say parking is easy
40 % Say there's wildlife
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kinga Switajski, BLT Minimax Realty Inc, (718) 609-0800
Agent Phone: (646) 597-2537
Based on information submitted to the MLS GRID as of 2026-08-05 23:33:05 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
5427 Arnold Avenue, Maspeth, NY 11378 is a studio, 4,125 sqft multi-family built in 1915. 5427 Arnold Avenue is located in Maspeth, Maspeth. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Apr 26, 2026. The MLS # for this home is MLS# 990773.