54-43 Metropolitan Ave, Queens, NY 11385

Welcome to 54-43 Metropolitan Avenue — a rare and expansive 5-family + retail mixed-use property located at the intersection of Ridgewood, Bushwick, Maspeth, and Middle Village. Built in 1915 and stretching a remarkable 76 feet in depth, this free-market building offers approximately 1,900 square feet per floor and a total of 18 bedrooms and 7 bathrooms across five residential homes and an oversized finished basement that can be used for additional storage and recreational. Each residential home is approximately 950 sf. This property also includes one parking space that is rented out.

This corner lot residence comprises of five residential units (ranging from 3-4 bedrooms) and a ground-floor storefront — all with market-rate rents and no rent control or stabilization. This incredible premium property has a cap rate of over 5% with great potential and investment opportunities. Full property set up and additional information can be given upon request. Proof of funds or pre-approval will be required for in person tours. Please note some of the photos are virtually staged.