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M1-1 Industrial Property
New
For Sale
$4,449,000

55-80 56TH STREET, Flushing, NY 11378

Commercial Sale, Flushing, NY

Property Size7,112 SF
Price / SF$625.56
Days on Market3

Property Features for 55-80 56TH STREET

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Flushing
Standard status Active
Size 7,112 SF

Building Details

Year built 1986
Listing Agency: LKNG PROPERTIES
Listed By: Dominic Codio
Added: Sep 7 Changed: Sep 8 Last Checked: Sep 9 at 9:06PM
MLS# 11968998

Copyright © 2026 My State 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 7,112-square-foot industrial property was constructed in 1986 and is located at 55-80 56th Street in Flushing, Queens. The site carries M1-1 zoning, with supported uses including general warehousing, storage, wholesale distribution, and light manufacturing.

The property is positioned within a Queens commercial area associated with food, spice, and wholesale distribution businesses. Its zoning and industrial classification align with distribution, storage, and production-oriented operations, subject to applicable requirements.

Key Highlights

  • 7,112‑square‑foot industrial property
  • M1‑1 zoning
  • Supported uses include general warehousing, storage, wholesale distribution, and light manufacturing

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel Nursing Home Daycare Center Garden 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

1,211
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
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Frequently Asked Questions

What type of property is this?
Industrial property - M1-1 zoning supports warehousing, storage, wholesale distribution, and light manufacturing uses.
Where is this industrial property located?
The property is located at 55-80 56TH STREET Flushing, NY.
What is the asking price?
The asking price for this property is $4,449,000.
What are key features of this property?
This property features: 7,112‑square‑foot industrial property; M1‑1 zoning; Supported uses include general warehousing, storage, wholesale distribution, and light manufacturing
More about this property
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