Industrial Distribution Center
For Sale
Contact for pricing
Pending
55-80 56th St, Queens, NY 11378
M1-1-zoned industrial building with an in-place tenant lease and access to major Queens expressways.
Property SizeContact for details
Lot Size0.16 Acres
Days on Market142
Property Features for 55-80 56th St
General Information
Standard status
Pending
Lot size
0.16 Acres
Property subtype
Industrial
Zoning
M1-1
Additional Details
Highway Access
Yes
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-6154
Listed By:
Willie Jalboukh · License #NY 10301218139
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:03PM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This industrial distribution center occupies a 7,000 SF lot at 55-80 56th Street in Queens. The property carries M1-1 zoning and is leased to a tenant under a five-year term with 5% annual increases. The landlord’s real estate tax responsibility is limited to the 2022-2023 base year.
The building is positioned near the Brooklyn-Queens WXPY and Long Island Expressway, within the Maspeth, Queens industrial area. The location and existing lease structure provide key operating and tenancy facts for evaluating the property.
The building is positioned near the Brooklyn-Queens WXPY and Long Island Expressway, within the Maspeth, Queens industrial area. The location and existing lease structure provide key operating and tenancy facts for evaluating the property.
Key Highlights
- 7,000 SF lot with an industrial distribution center
- M1‑1 zoning
- Tenant in place under a 5 years lease
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,773
Businesses Nearby
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
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Distribution center - M1-1-zoned industrial building with an in-place tenant lease and access to major Queens expressways.
Where is this distribution center located?
The property is located at 55-80 56th St Queens, NY.
What are key features of this property?
This property features: 7,000 SF lot with an industrial distribution center; M1‑1 zoning; Tenant in place under a 5 years lease
