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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Queens
  5. 11378
  6. 58-40 61ST Street
Property thumbnail
1 / 19
•Maspeth

58-40 61ST Street, New York City, NY 11378

Listing Courtesy of Serhant

$950,000

Potential Rebate: $14,250

3 Beds
2 Baths
5 Rooms
1,080 sqft
Built 1920
1 Stories
880/ft²
Listed on Dec 4, 2025
22 days on market
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Overview

<p>Welcome to 5840 61st Street - a thoughtfully updated semi-detached home that blends classic character with modern comfort.</p> <p>This inviting single-family residence offers 3 bedrooms and 1.5 bathrooms across approximately 1,080 sqft of living space, nestled on a quiet block in the heart of Maspeth. Step inside to discover a light-filled layout featuring sun soaking windows, updated flooring throughout and . Recent aesthetic enhancements - including a renovated kitchen and bathrooms - add a contemporary feel while preserving the home's original charm. Roof is estimated 14 years old, Boiler, Water Heater updated 2020, central ac unit about 3 years old, Electrical and plumbing systems have been well maintained, offering peace of mind for years to come.</p> <p>&nbsp;A semi-finished basement provides valuable extra storage space or the potential for creative use. Outside, the driveway ensures convenient off-street parking - a coveted amenity in this area. There is also ample yard space to accommodate parties, BBQ's and gatherings for all sorts of celebrations, esecpially with thew new shed and gazebo installation.</p> <p>Quick access to nearby schools, shopping, transportation, and everyday conveniences makes this property a rare find. This home is more than just a house - it's a ready-to-go sanctuary for those seeking comfort, reliability, and a classic neighborhood culture.</p> <p>About the Neighborhood of Maspeth Located in the welcoming, close-knit community of Maspeth, this home offers the rare combination of suburban tranquility with New York City convenience. Long known as one of Queens' oldest European-founded villages, Maspeth features tree-lined residential streets, small-town charm, and a friendly, community-centered atmosphere. If you look carefully too, you'll find great views into Midtown Manhattan's Skyline. Residents enjoy easy access to local shops, restaurants, cafes, and neighborhood businesses - especially along the area's commercial corridors. Public transportation and area schools are nearby, making daily commutes and family life manageable and convenient. Whether you're a first-time buyer, a growing family, or someone looking to settle into a stable and welcoming community, 5840 61st Street offers not just a house - but a home.</p>

Home Features

  • •Central Air
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Smoke Free

Estimated Monthly Payment

$5,222 per month

30 year fixed, 6.28% Interest

Principal and Interest
$4,694
Property Taxes
$528
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$14,250

Monthly savings impact

$40/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Serhant

Data Source: TRESTLE #RLS20062391

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Price Analysis

Compare average listing prices and value metrics for 58-40 61ST Street against the surrounding Maspeth market.

Based on 1 active units in building vs 4 in area

Average List Price

Building$950.0K
Neighborhood$1.7M

Price Per SqFt

Building Avg$880/ft²
Neighborhood Avg$585/ft²
Premium Market

50.49% Higher

than the Maspeth price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Maspeth.

Maspeth

Overview of Maspeth

Maspeth is an industrial-residential hybrid. It feels like a small town that time forgot. For buyers seeking Maspeth Queens real estate, it offers stability and space, but relies heavily on cars.

Living in Maspeth is quiet. Grand Avenue is the main street. As a Queens NYC neighborhood, it is fiercely local.

Real Estate & Housing Market

The market for homes for sale in Maspeth consists of two-family homes and row houses.

It is popular with investors due to the rental market.

Lifestyle & Community

The lifestyle in Maspeth is domestic. Residents tend to stay for generations.

Transportation & Accessibility

Maspeth has no subway. It is served by buses and is close to the LIE for drivers.

Parks, Schools & Amenities

Frank Principe Park (formerly Maurice Park) is the main recreational area.

Amenities: Famous for unparalleled Polish delis and diners.

Who This Neighborhood Is Best For

Maspeth is best for car owners and those seeking a quiet, old-school neighborhood vibe.

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