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M2-1 Industrial Land
For Sale
$1,395,000

5438 46th Street, Maspeth, NY 11378

Commercial Sale, Maspeth, NY

Property SizeContact for details
Lot Size0.08 Acres
Days on Market169

Property Features for 5438 46th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M2-1
Rooms Basement
Parking features Garage, Driveway
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 Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1901
Building materials Frame
Listing Agency: Keller Williams Realty
Listed By: John J. Ricco · License #10301223525
Added: Apr 8 Changed: Sep 21 Last Checked: Sep 23 at 6:06PM
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.

This vacant industrial land parcel encompasses a 3,400-square-foot lot measuring 40 feet by 85 feet and is improved with an 800-square-foot frame structure. M2-1 zoning supports approximately 6,800 square feet of maximum buildable area based on a 2.0 FAR, subject to independent verification by a licensed architect or zoning professional. The property includes public water and public sewer service, along with a garage, driveway, chain-link fencing, baseboard heat, and window or wall-unit cooling.

Located at 5438 46th Street in Maspeth, Queens, the property offers access to major transport arteries as stated in the listing information. The site is delivered vacant and may accommodate a custom warehouse, distribution center, or light manufacturing facility, subject to applicable approvals and verification.

Key Highlights

  • 3,400 sq. ft. lot measuring 40' x 85'
  • M2‑1 zoning with approximately 6,800 sq. ft. maximum buildable potential
  • Existing 800 sq. ft. frame structure

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Hair Salon 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 industrial site with an existing structure and public water and sewer service.
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 $1,395,000.
What are key features of this property?
This property features: 3,400 sq. ft. lot measuring 40' x 85'; M2‑1 zoning with approximately 6,800 sq. ft. maximum buildable potential; Existing 800 sq. ft. frame structure
More about this property
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