Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4823 55th Ave Maspeth, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    34,907 SF warehouse with on-site parking in Maspeth.

    Type:INDUSTRIAL
    Property size:
    34,907 SF
    Lot size:
    1.61 Acres
    Added:
    May 22, 2025
    Days on Market:
    347
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 4823 55th Ave

    General Information

    Standard status
    Active
    Size
    34,907 SF
    Lot size
    1.61 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 4823 55th Ave Contact us

    We can help!

    Listing Contact
    Stephen R. Preuss
    Stephen R. Preuss

    Listing agent Stephen R. Preuss License #NY 10401281448

    Listing office RIPCO Real Estate - Queens

    Listing date May 22, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate - Queens

    Overview

    Maspeth Warehouse with Parking

    This is a 34,907 square foot warehouse with approximately 4,100 square feet and 19 parking spaces on-site. The property features two oversized interior loading docks and 16-foot clear ceiling heights, along with heavy power service. Recent renovations include a new roof, MEP system, and generator, with additional improvements to the exterior. The warehouse is situated directly off of the Brooklyn-Queens Expressway and the Long Island Expressway, providing access to major roadways. Formerly used for life sciences, the property is delivered vacant and is ideal for an owner/user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Primary Art Services Inc — 35-02 Borden Ave, Long Island City, NY 11101
    • Prologis — Page Pl, Queens, NY 11378
    • Loungecraft Moving & Storage — 5310 46th St, Maspeth, NY 11378
    • SecureSpace Self Storage Maspeth Queens — 59-20 Borden Ave, Maspeth, NY 11378
    • U-Pack — 414 Maspeth Ave, Brooklyn, NY 11211

    Location Insight

    • Map
    • Local Demand
    City
    Maspeth
    County
    Queens
    State
    New York
    Longitude
    -73.9183
    Latitude
    40.7293

    Nearby Similar for Sale

    • $900,000

      Updated Two-Family Home in Maspeth

      Updated two-family home with great proximity to Manhattan.
      5936 69th Place, Maspeth, NY 11378
      View Details
    • $1,449,000
      3,000 SF

      Maspeth Three-Family Brick Home

      Newer construction three-family home in prime Maspeth location.
      72-20 CALDWELL AVENUE, Maspeth, NY 11378
      View Details
    • $980,000

      Maspeth Multi-Family Home For Sale

      Three-level home with versatile layout, ideal for multi-generational living.
      65-22 Jay Avenue, Maspeth, NY 11378
      View Details
    • $1,480,000

      Maspeth Two-Family Home For Sale

      Detached, well-maintained two-family home in Maspeth, Queens.
      5907 59th Drive, Maspeth, NY 11378
      View Details
    • $1,088,000

      Maspeth Two-Family Home with Garage

      Well-maintained two-family home with strong rental income potential.
      5436 Nurge Avenue, Maspeth, NY 11378
      View Details
    • $1,749,999

      Renovated 4-Family Property in Maspeth

      Renovated 4-family property with modern finishes and strong rental income.
      6014 56th Avenue, Maspeth, NY 11378
      View Details
    • $999,999

      Maspeth Two-Family Home

      Well-maintained two-family home in Maspeth, Queens with investment potential.
      58-29 60th Lane, Maspeth, NY 11378
      View Details
    • $2,100,000

      Maspeth Multi-Family Brick House

      Seven-dwelling brick house with commercial garages and finished basement.
      59-49 56th Drive, Maspeth, NY 11378
      View Details
    • $1,550,000

      Maspeth Legal 4-Family Property

      Well-maintained 4-family property in Maspeth with income potential.
      60-58 60th Road, Maspeth, NY 11378
      View Details
    • $850,000

      Maspeth Two-Family Home for Sale

      Two-family home in Maspeth with renovation potential.
      6019 60th Drive, Maspeth, NY 11378
      View Details
    • $1,350,000
      1,985 SF

      Renovated Maspeth Multi-Family Home

      Fully renovated 2-family home in Maspeth with finished basement.
      68-02 Jay Avenue, Maspeth, NY 11378
      View Details
    • $1,298,000

      Maspeth Two-Family Brick Home

      Two-family brick home near parks, shops, and transportation.
      60-60 69th Place, Maspeth, NY 11378
      View Details

    FAQs

    What type of property is this?
    Warehouse - 34,907 SF warehouse with on-site parking in Maspeth.
    Where is this warehouse located?
    The property is located at 4823 55th Ave Maspeth, NY.
    What are key features of this property?
    This property features: Delivered vacant and ideal for an Owner/User.; Directly off Brooklyn‑Queens Expressway and Long Island Expressway, providing seamless access to major roadways.; ~35,000 SF warehouse with ~4,100 SF / 19 spaces of on‑site parking.
    (516) 647-7155 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stephen R. Preuss
    Stephen R. Preuss
    Real Estate License ID: NY 10401281448
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    4823 55th Ave, Maspeth, NY

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!