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M2-1 Industrial Land Site
For Sale
$1,495,000

5438 46th Street, Maspeth, NY 11378

Vacant zoned parcel with an existing structure and documented redevelopment capacity.

Property Size800 SF
Days on Market145

Property Features for 5438 46th Street

General Information

Standard status Active
Size 800 SF
Class A
Property subtype Commercial
Zoning M2-1

Taxes and HOA fees

Annual Taxes $3,989

Building Details

Building Size 800 SF
Year Built 1901
Listing Agency: Keller Williams Realty
Listed By: John J. Ricco · License #10301223525
Source: Alexandermadisonhomes
Added: Apr 9 Changed: Aug 30 Last Checked: Aug 25 at 9:08AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This vacant industrial land parcel comprises 3,400 square feet and measures 40 feet by 85 feet. The property includes an existing 800-square-foot structure, built in 1901, and carries M2-1 zoning. Its documented development parameters include a maximum buildable area of approximately 6,800 square feet under a 2.0 FAR.

The site is positioned in Maspeth and has access to major transportation routes. Existing information identifies potential for a custom warehouse, distribution center, or light manufacturing facility. Any redevelopment plan, including the stated buildable capacity and proposed use, should be independently verified by a licensed architect or zoning professional.

Key Highlights

  • 3,400‑square‑foot industrial land parcel
  • 40' x 85' lot dimensions
  • M2‑1 zoning

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Dental Office Pharmacy Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant zoned parcel with an existing structure and documented redevelopment capacity.
Where is this industrial land located?
The property is located at 5438 46th Street Maspeth, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 3,400‑square‑foot industrial land parcel; 40' x 85' lot dimensions; M2‑1 zoning
More about this property
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