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59-48 55th St 18,500 SF Industrial Building Maspeth, NY 11378 $11,167,360 CAD ($603.64 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Take advantage of the newly passed FEDERAL TAX INCENTIVES with this exceptional Maspeth manufacturing opportunity.
  • 5-zone central air conditioning totaling 100 tons
  • Convenient access to bus lines, highways, subways, and LIRR
  • Zoned M1-1 for light manufacturing, warehouse, and distribution
  • 2,000 amp 3-phase power supports heavy industrial use

EXECUTIVE SUMMARY

Bring Light Manufacturing Back to Maspeth! Take advantage of the newly passed “Made in the USA” FEDERAL TAX INCENTIVES” with this exceptional Maspeth industrial opportunity. Zoned M1-1 and spanning OVER 16,000 square feet, this property has been impeccably maintained and is ready for immediate use. Features include 5 ZONE 100 TONS, central air conditioning, 3-phase power with 2000 amps, a loading dock with overhead doors accommodating two trucks, plus an additional overhead door adjacent to the 2,000-square-foot fenced parking lot provides indoor parking options. Ideally located near major highways and multiple public transportation routes, this tax-incentivized purchase presents a rare chance to invest in one of Maspeth’s best opportunities. Public Transportation & Connectivity: Nearby Bus lines; Q18, Q39, Q54, Q59, Q67. Closest stop: Grand St/Grand St Bridge — approximately an 8-minute walk from 48th St. Additional nearby stop: 55th Ave/48th St — convenient for daily commuters. Subway Access: Jefferson Ave (L line), 61 St-Woodside (7 line): short bus ride or around a 2-minute walk from 55th Rd. Middle Village - Metropolitan Ave (M train). LIRR Commuter Rail: Woodside Station (LIRR): approximately a 7-minute drive or just under 3 miles — providing regional access to Manhattan and Long Island.

PROPERTY FACTS

Price $11,167,360 CAD
Price Per SF $603.64 CAD
Sale Type Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Showroom
Building Class C
Lot Size 0.43 AC
Rentable Building Area 18,500 SF
No. Stories 1
Year Built 1964
Parking Ratio 0.49/1,000 SF
Clear Ceiling Height 17’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning M1-1 - Light Manufacturing

AMENITIES

  • 24 Hour Access
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02629-0032
Land Assessment
$150,410 CAD
Improvements Assessment
$607,932 CAD
Total Assessment
$758,342 CAD
  • Listing ID: 37691811

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 59-48 55th St, Maspeth, NY 11378

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