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Mixed-Use Building with Retail Space
For Sale
$759,000

59-24 Grand Ave, Maspeth, NY 11378

Commercial Sale, Maspeth, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market137

Property Features for 59-24 Grand Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Subdivision Flushing
High school district 000000
Directions See Waze for directions
Standard status Active
APN 000000-000.000-2697-007.000
Lot size 0.04 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6818

Utilities

Sewer type Public Sewer
Heating system Oil, Steam
Water source Public

Building Details

Year built 1948
Floors in Building 2
Flooring type Carpet
Building materials Vinyl Siding
Roof type Rubber
Buildings 1
Listing Agency: SPARROW REALTORS LLC
Listed By: Florin John Spariosu
Added: Jun 9 Changed: Oct 23 Last Checked: Oct 23 at 7:06PM
MLS# 11803865

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.

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Investment Insights

Based on property information with market context.

This mixed-use property in Maspeth, Queens, has ground-floor retail space with entrances at the front and rear. The commercial area includes two bathrooms and can be configured as two sections. Above it, a two-bedroom apartment features a full bath, an eat-in kitchen, and a large living room. The property is to be delivered vacant at closing.

Built in 1948, the building has vinyl siding, carpet flooring, oil and steam heating, and a rubber roof. Public water and public sewer serve the property.

Key Highlights

  • Ground‑floor retail space with front and rear access
  • Retail area has two bathrooms and can be divided into two sections
  • Second‑floor apartment with two bedrooms, a full bath, eat‑in kitchen, and 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 Acupuncture Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby
166k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 39% Dining 37% Shops & Services 20% Hotels & Casinos 3%
The Home Depot Home Improvements & Furnishings
60,770 visits/mo 0.4 miles
McDonald's Dining
32,367 visits/mo 0.3 miles
BP Shops & Services
21,743 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
12,466 visits/mo 0.3 miles
Smashburger Dining
7,264 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - A two-level layout combines ground-floor commercial space with a second-floor two-bedroom apartment.
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 with front and rear access; Retail area has two bathrooms and can be divided into two sections; Second‑floor apartment with two bedrooms, a full bath, eat‑in kitchen, and large living room
More about this property
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