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Light Industrial Redevelopment Site
For Sale
$1,495,000

5438 46th Street, Maspeth, NY 11378

COMMERCIAL - Maspeth, NY

Property Size800 SF
Lot Size0.08 Acres
Price / SF$1,868
Days on Market131

Property Features for 5438 46th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M2-1
Rooms Basement
Parking features Driveway, Garage
Fencing Chain Link
Basement Full
Directions GPS / WAZE
Standard status Active
APN 02537-0027
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3990

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1901
Building materials Frame
Listing Agency: Keller Williams Realty
Listed By: John J. Ricco
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 16 at 2:06AM
MLS# 982776

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.

For sale is a vacant light industrial redevelopment site in Maspeth, NY, zoned M2-1. The property includes a 40' x 85' lot and is currently improved with an approximately 800 sq. ft. structure. Redevelopment is supported by an indicated FAR of 2.0, providing maximum buildable potential of approximately 6,800 sq. ft., which should be independently verified by a licensed architect or zoning expert.

The offering is intended for custom-built warehouse, distribution center, or light manufacturing use, subject to applicable approvals. The site is delivered vacant and provides strategic access to major transport arteries, supporting practical industrial redevelopment planning.

Interested parties should review zoning, redevelopment design, and all permitting requirements as part of due diligence.

Key Highlights

  • 3,400 sq. ft. lot (40' x 85') with M2‑1 zoning and FAR 2.0, with approx. 6,800 sq. ft. maximum buildable potential
  • Currently improved with an 800 sq. ft. structure, delivered vacant for redevelopment
  • Light industrial redevelopment site suitable for a custom‑built warehouse, distribution center, or light manufacturing facility

Property Analytics

Current Use

Distribution centers

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
Well-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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market 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

Frequently Asked Questions

What type of property is this?
Warehouse - Vacant M2-1 lot with an existing 800 sq. ft. structure and redevelopment potential up to 6,800 sq. ft.
Where is this warehouse 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 sq. ft. lot (40' x 85') with M2‑1 zoning and FAR 2.0, with approx. 6,800 sq. ft. maximum buildable potential; Currently improved with an 800 sq. ft. structure, delivered vacant for redevelopment; Light industrial redevelopment site suitable for a custom‑built warehouse, distribution center, or light manufacturing facility
More about this property
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