Second-Floor Flex
New
For Lease
$5,000-$15,000/Mo
5436 48th St, Queens, NY 11378
The floor can be leased as a single space or divided among four tenants.
Space Size8,500 SF
Property Size15,800 SF
Days on Market4
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Property Features for 5436 48th St
General Information
Standard status
Active
Size
8,500 SF
Net Rentable
8,500 SF
Property subtype
Commercial
Lease Term
12 months
Space & Availability
Contiguous Space
8,500 SF
Divisible
Yes
Lease Terms
Lease Rate
$15,000 /USD/MO
Monthly Rent
$5,000-$15,000
Rent per SF/Year
$21.18
Additional Details
Three-Phase Power
Yes
Taxes and HOA fees
Annual Taxes
$60,844
Building Details
Building Size
15,800 SF
Year Built
1989
Stories
2
Listing Agency:
WINZONE REALTY INC.
Listed By:
Mohammed Ali
(646) 474-5496
Source:
Elliman
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 12:51AM
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 on the second floor of Maspeth Business Hub, this 8,500-square-foot flex space dates to 1989. The floor can be leased to one business or configured for four separate leases, offering two leasing arrangements within the same commercial space.
The property is near the Brooklyn-Queens Expressway and Long Island Expressway. Its reported scores are 69 for walking, 62 for transit and 54 for biking.
The property is near the Brooklyn-Queens Expressway and Long Island Expressway. Its reported scores are 69 for walking, 62 for transit and 54 for biking.
Key Highlights
- 8,500‑square‑foot second‑floor flex space
- Leasing option for one business or four tenants
- Built in 1989
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,882
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Lease Benchmarks for Queens, NY
$25.18 /SF/Yr
Avg Asking Price
$7.06–$45 /SF/Yr
Price Range
11,648 SF
Avg Space Size
This space is priced 16% below the average of $25.18 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- MF Culinary Concepts INC — 41-431 39th St, Sunnyside, NY 11104
- Meals Talk Nyc — 45-55 41st st, queens, ny 11104
- City Chefs Catering — 41-08 Greenpoint Ave, Queens, NY 11104
- Bite Size Kitchen LLC — 41-28 37th St, Long Island City, NY 11101
- Brie on the Chisme — 41-28 37th St, Queens, NY 11101
Frequently Asked Questions
What type of property is this?
Flex space - The floor can be leased as a single space or divided among four tenants.
Where is this flex space located?
The property is located at 5436 48th St Queens, NY.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: 8,500‑square‑foot second‑floor flex space; Leasing option for one business or four tenants; Built in 1989
