Renovated Four-Unit Mixed-Use
For Sale
Contact for pricing
Pending
56-05 Metropolitan Ave, Maspeth, NY 11378
Corner property with updated building systems, separate meters, high ceilings, and R6 zoning.
Property SizeContact for details
Days on Market143
Property Features for 56-05 Metropolitan Ave
General Information
Standard status
Pending
Property subtype
Mixed Use, Special Purpose
Zoning
R6
Site & Location
Corner Location
Yes
Utilities to Site
Yes
Building Details
Year Renovated
2018
Buildings
1
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:20AM
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 All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This four-unit mixed-use corner building at 56-05 Metropolitan Ave in Maspeth combines renovated residential and commercial space. The property was renovated in 2018, including new kitchens, bathrooms, roof, electrical service, water heater, boiler, and water main. Separate meters serve the units, while high ceilings and prominent signage add practical building features.
Two units are occupied by the owner and family and will be delivered vacant. A separate two-bedroom apartment is leased month-to-month to a long-standing tenant, and all apartments are free market. The property sits at Metropolitan Avenue and 56th Street, with Walgreens, CVS, McDonald's, Midas, Wendy's, TD, Citi, and Shell identified among neighboring businesses. The property is zoned R6.
Two units are occupied by the owner and family and will be delivered vacant. A separate two-bedroom apartment is leased month-to-month to a long-standing tenant, and all apartments are free market. The property sits at Metropolitan Avenue and 56th Street, with Walgreens, CVS, McDonald's, Midas, Wendy's, TD, Citi, and Shell identified among neighboring businesses. The property is zoned R6.
Key Highlights
- Four‑unit mixed‑use corner building at 56‑05 Metropolitan Ave
- Renovated in 2018 with new kitchens, bathrooms, roof, electrical, water heater, boiler, and water main
- Separate meters, high ceilings, and prominent signage
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,440
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property with updated building systems, separate meters, high ceilings, and R6 zoning.
Where is this mixed-use property located?
The property is located at 56-05 Metropolitan Ave Maspeth, NY.
What are key features of this property?
This property features: Four‑unit mixed‑use corner building at 56‑05 Metropolitan Ave; Renovated in 2018 with new kitchens, bathrooms, roof, electrical, water heater, boiler, and water main; Separate meters, high ceilings, and prominent signage
