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Second-Floor Flex Space
New
For Lease
$15,000-$20,000/Mo

5436 48th Street, Maspeth, NY 11378

Commercial Lease, Maspeth, NY

Space Size8,500 SF
Lot Size0.21 Acres
Days on Market5
Rey
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Property Features for 5436 48th Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning M2-1
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 02546-0049
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 60844

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 2
Building materials Brick
Listing Agency: Winzone Realty Inc
Listed By: Mohammed Ali
Added: Oct 11 Last Checked: Oct 15 at 1:06PM
MLS# 1061348

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located on the second floor, this 8,500-square-foot flex space can be leased as one premises or arranged for four occupants. The 1989 brick building has central air conditioning and natural gas heat. Zoning is M2-1.

The property is in Maspeth near the BQE and Long Island Expressway. Electricity is available, and the site has public water and sewer service.

Key Highlights

  • 8,500‑square‑foot second‑floor flex space
  • Available as one premises or in a four‑occupant configuration
  • M2‑1 zoning

Property Analytics

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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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.71 /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 39% 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 floor is available as a single tenancy or in a four-occupant arrangement.
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‑square‑foot second‑floor flex space; Available as one premises or in a four‑occupant configuration; M2‑1 zoning
More about this property
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