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Mixed-Use Property with Retail Space

59-24 Grand Ave, Maspeth, NY 11378

For Sale
$759,000

The upper level contains a two-bedroom apartment with an eat-in kitchen and full bath.

Property SizeContact for details
Days on Market153

Property Features for 59-24 Grand Ave

General Information

Standard status Active
Property subtype Commercial

Additional Details

Floor Ground
Mixed-Use Components retail, residential

Building Details

Year Built 1948
Buildings 1
Stories 2
Listing Agency: SPARROW REALTORS LLC
Listed By: Florin John Spariosu
Source: Gatewaypropertiesofupstateny
Added: Jun 9 Changed: Nov 8 Last Checked: Nov 8 at 1:39AM

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 SPARROW REALTORS LLC

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Investment Insights

Based on property information with market context.

This two-story mixed-use property pairs ground-floor retail space with a second-floor apartment. The retail area has access at both the front and rear, two bathrooms, and a layout that can be separated into two sections. It is vacant and will be delivered vacant at closing.

The upper-level residence includes two bedrooms, a full bathroom, an eat-in kitchen, and a large living room. Built in 1948, the property is located at 59-24 Grand Ave in Maspeth, Queens.

Key Highlights

  • Ground‑floor retail space has front and rear access
  • Retail area includes two bathrooms and can be divided into two sections
  • Second‑floor apartment has two bedrooms, an eat‑in kitchen, a full bath, and a large living room

Property Analytics

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Current Use

Maspeth Industrial Tool ... Building Supply

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Gym & Fitness 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

1,966
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Groceries 28% Dining 8% Home Improvements & Furnishings 4%
Western Beef Groceries
25,623 visits/mo 0.2 miles
Chase Bank Shops & Services
17,906 visits/mo 0.3 miles
BP Shops & Services
14,392 visits/mo 0.3 miles
Sunoco Shops & Services
10,256 visits/mo 0.3 miles
Citibank Shops & Services
9,799 visits/mo 0.3 miles

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
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Market

Average Price Trend$/SF for Mixed-use properties in Queens County, NY

$758 Jul
$684 Aug
$604 Sep
$582 Oct

Properties on Market for Mixed-use properties in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper level contains a two-bedroom apartment with an eat-in kitchen and full bath.
Where is this mixed-use property located?
The property is located at 59-24 Grand Ave Maspeth, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Ground‑floor retail space has front and rear access; Retail area includes two bathrooms and can be divided into two sections; Second‑floor apartment has two bedrooms, an eat‑in kitchen, a full bath, and a large living room
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