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    59-24 Grand Ave Maspeth, NY 11378

    For Sale
    $779,000

    Mixed Use - Maspeth, NY

    Type:Mixed Use
    Property size:
    1,680 SF
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 59-24 Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,680 SF

    Utilities

    Heating system
    Baseboard
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Building materials
    Aluminum Siding
    Architectural style
    Other

    Sparrow Realtors, LLC (718) 894-6900 [email protected]

    Listing agent Florin J. Spariosu (718) 894-6900 License #49SP0942238

    Listing date Sep 24, 2025

    MLS# 819831 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

    Maspeth Mixed-Use Vacant Retail

    Located in Maspeth, Queens, this mixed-use property offers a prime opportunity in a commercial and industrial area. The property features a spacious ground-floor retail space with both front and rear access. This retail space is currently vacant and includes two bathrooms. The space can be divided into two separate sections, if desired. The second floor contains a well-maintained 2-bedroom apartment. The apartment includes a full bath, an eat-in kitchen, and a large living room. The property is ideal for investors or owner-occupants seeking rental income. The property will be delivered vacant at closing. The building has a total size of 1680 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maspeth Industrial Tool ... Hardware Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Maspeth
    County
    Queens
    State
    New York
    Longitude
    -73.9075
    Latitude
    40.720549

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with vacant retail and residential apartment in Maspeth.
    Where is this mixed-use property located?
    The property is located at 59-24 Grand Ave Maspeth, NY.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Delivered vacant at closing, offering immediate occupancy or rental potential.; - Mixed-use property provides diverse income streams.; - Spacious ground-floor retail space with front and rear access.
    (718) 894-6900
    Request Owner's contact information
    59-24 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
    59-24 Grand Ave Maspeth, NY 11378
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