65-34 Jay Avenue, Flushing, NY, 11378
About This Home
Exceptional opportunity in the heart of Maspeth to own a legal two-family home with tremendous versatility and income-producing potential. This uniquely designed property features a spacious, fully finished basement and will be delivered completely vacant, making it ideal for owner-occupants, multi-generational living, or savvy investors seeking strong rental income. The first-floor apartment offers 5 well-appointed rooms, including 2 bedrooms, while the second-floor features a generous 6-room layout with 3 bedrooms and a dedicated home office. A striking spiral staircase provides direct access between the main and lower levels, creating a desirable duplex-style living arrangement with additional flexibility. Each apartment is equipped with its own separate heating system and hot water unit, ensuring independent climate control and convenience for occupants. The fully finished basement offers valuable bonus space that can accommodate a variety of lifestyle needs. Adding to the property's appeal are remarkably low annual taxes of just $5,700 for the 2026/2027 tax year, helping to maximize affordability and investment returns. Perfectly situated on a quiet residential block, this home enjoys convenient access to public transportation, shopping, restaurants, schools, parks, and all the amenities that make Maspeth one of Queens' most desirable neighborhoods. Move right in, customize to your taste, or capitalize on its excellent investment potential—this is an opportunity not to be missed.
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Actual
- Year built: 1940
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Other
Heating & Cooling
- Heating features: Baseboard,Natural Gas,Other
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Details
- Parcel number: 023790027
- Special condition: None
Features
- Fencing: Fenced
Lot
- Lot size: 1,486 sqft
- Lot size dimensions: 40 x 85
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,253 | $63,036 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $649 | $7,788 |
| Electricity | $356 | $4,283 |
| Total | $6,487 | $77,844 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $999,000 |
| 2026-07-24 | Price change | $1,039,000 |
| 2026-06-17 | Listed for sale | $1,079,000 |
| 2007-01-31 | Sold | $667,000 |
| 2000-10-10 | Sold | $329,000 |
| 1996-08-02 | Sold | $180,000 |
View on Zillow