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Vacant Mixed-Use Property
For Sale
$759,000

59-26 Grand Ave, Maspeth, NY 11378

Ground-floor retail space and a second-floor apartment provide separate commercial and residential components.

Property SizeContact for details
Days on Market37

Property Features for 59-26 Grand Ave

General Information

Standard status Active
Property subtype Other

Building Details

Year Built 1948
Stories 2
Listing Agency: SPARROW REALTORS LLC
Listed By: Florin John Spariosu
Source: Commercialcafe
Added: Jul 26 Changed: Aug 31 Last Checked: Aug 31 at 1:40PM

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

Investment Insights

Based on property information with market context.

Located at 59-26 Grand Ave in Maspeth, Queens, this mixed-use property combines a ground-floor retail component with a residential apartment above. The retail level is vacant and offers access from both the front and rear, along with two bathrooms. The floor plan can also be separated into two sections.

The second floor contains a 2-bedroom apartment with a full bathroom, eat-in kitchen, and large living room. The property is scheduled to be delivered vacant at closing and was built in 1948. Its setting in a commercial/industrial area supports a combined commercial and residential configuration.

Key Highlights

  • Ground‑floor retail space with front and rear access
  • Retail level includes two bathrooms and can be divided into two sections
  • Second‑floor 2‑bedroom apartment with full bathroom

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon 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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail space and a second-floor apartment provide separate commercial and residential components.
Where is this mixed-use property located?
The property is located at 59-26 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 level includes two bathrooms and can be divided into two sections; Second‑floor 2‑bedroom apartment with full bathroom
More about this property
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