




5243 72nd St, Maspeth, NY, 11378
About This Home
Brand New 2-Family Brick Home in Prime Maspeth Location Near Elmhurst Introducing a brand new construction two-family home located in the highly desirable Maspeth area, just minutes from Elmhurst. Built on a 25x100 lot with a building size of 20x60, this property offers excellent layout, modern design, and strong investment potential. Each floor features a spacious 3-bedroom layout. The second floor includes 3 full bathrooms, while the first floor offers 2 full bathrooms, providing exceptional functionality and flexibility for end-users or investors. The home includes a finished basement with separate entrance and an additional bathroom, as well as a large finished attic This all-electric home complies with new construction regulations and includes electric stoves. Solar panels will be installed (leased), helping reduce utility costs. Currently under construction with estimated completion around September ; Certificate of Occupancy expected by end of year estimated. Pre-construction opportunity: Buyer may have the ability to customize finishes, including cabinetry and interior details, depending on contract timing. Conveniently located near shopping, transportation, and major highways. Strong rental potential makes this an excellent choice for both investors and end-users.
Getting Around
Schools
Construction
Condition
- Year built: 2026
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Details
- Parcel number: 024830023
- Special condition: Resale
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
- 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 | $10,011 | $120,132 |
| Home Insurance * | $438 | $5,256 |
| Property Taxes | $1,237 | $14,844 |
| Electricity | $396 | $4,759 |
| Total | $12,082 | $144,984 |
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 |
|---|---|---|
| 2026-05-05 | Price change | $1,980,000 |
| 2024-05-02 | Pending sale | $649,898 |
| 2024-03-26 | Price change | $649,898 |
| 2024-01-12 | Listed for sale | $699,000 |
