Search
Second-Floor Flex Space
New
For Lease
$5,000-$20,000/Mo

5436 48th Street, Maspeth, NY 11378

The 8,500-square-foot floor is offered for lease as a single space or in four units.

Space Size8,500 SF
Property Size15,800 SF
Days on Market5
Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Property Features for 5436 48th Street

General Information

Standard status Active
Size 8,500 SF
Net Rentable 8,500 SF
Property subtype Warehouse

Space & Availability

Contiguous Space 8,500 SF
Divisible Yes

Lease Terms

Lease Rate $20,000 /USD/MO
Monthly Rent $5,000-$20,000
Rent per SF/Year $28.24

Taxes and HOA fees

Annual Taxes $60,844

Building Details

Building Size 15,800 SF
Year Built 1989
Listing Agency: Winzone Realty Inc
Listed By: Mohammed Ali
Source: Serhant
Added: Oct 11 Changed: Oct 13 Last Checked: Oct 15 at 6:20AM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

Located at 5436 48th Street in Maspeth, this 8,500-square-foot flex space occupies the second floor. The floor can be leased by one business or divided among four units. The building was constructed in 1989.

The property is near the BQE and Long Island Expressway.

Key Highlights

  • 8,500 sq. ft. of second‑floor space
  • Available as one lease or in four units
  • Near the BQE and Long Island Expressway

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Divine Renovations Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11378, NY

38,288
Population
14,522
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
15,953
Density / Sq Mi
$84,762
Median Household Income
$52,281
Median Earnings
$1,932
Median Rent
$832,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Maspeth, NY

$40.19 /SF/Yr
Avg Asking Price
$7.06–$70 /SF/Yr
Price Range
4,939 SF
Avg Space Size

This space is priced 30% below the average of $40.19 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The 8,500-square-foot floor is offered for lease as a single space or in four units.
Where is this flex space located?
The property is located at 5436 48th Street Maspeth, NY.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: 8,500 sq. ft. of second‑floor space; Available as one lease or in four units; Near the BQE and Long Island Expressway
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
Why this one?
Saved
Reason not saved — we won't ask again