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    70-07 Grand Ave Maspeth, NY 11378

    Picture of Mixed-use properties at Grand Ave 70-07, Maspeth, NY
    For Sale
    $1,550,000

    MULTI_FAMILY - Maspeth, NY

    Lot size:
    0.05 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 70-07 Grand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    02503-0077
    Basement
    Full, Unfinished
    Lot size
    0.05 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1901
    Number of units
    2

    WINZONE REALTY INC. (718) 899-7000 [email protected]

    Listing agent Vera Y. Wu (646) 633-2828

    Listing date Nov 4, 2025

    MLS# 931431 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Maspeth, NY

    This mixed-use building is located in Maspeth, NY. The ground floor is leased to a grocery store. The building also includes two apartments, each featuring two bedrooms and one bathroom. The property generates an annual rental income of approximately $90,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maspeth
    County
    Queens
    State
    New York
    Longitude
    -73.892876
    Latitude
    40.727676

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with grocery store and two apartments.
    Where is this mixed-use property located?
    The property is located at 70-07 Grand Ave Maspeth, NY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High-traffic location with ground floor commercial tenant (grocery store).; - Significant annual rental income of approximately $90,000.; - Mixed-use property with commercial and residential income streams.
    (646) 633-2828
    Request Owner's contact information
    70-07 Grand Ave Maspeth, NY 11378
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    Maspeth, NY 11378
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70-07 Grand Ave Maspeth, NY 11378
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