The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

61-12 55th Street

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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 on a border of Ridgewood and Maspeth, 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. Unfinished basement. Gas boiler. 5 electric meters, 5 gas meters.

Lot size 25x100ft, bulding size 25x54ft. Building class C3, Zoning R4



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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