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Storefront Mixed-Use Building
New
For Sale
$2,500,000

69-62 Grand Avenue, Maspeth, NY 11378

Commercial Sale, Maspeth, NY

Property SizeContact for details
Lot Size4,329.00 Acres
Days on Market2

Property Features for 69-62 Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Unfinished
Elementary school Ps 229 Emanuel Kaplan
Middle school Is 73 Frank Sansivieri Intermediate School (The)
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active
Lot size 4,329.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 18024

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1975
Floors in Building 4
Number of units 4
Building materials Block
Listing Agency: Donna Demkowicz R E Corp
Listed By: Donna M. Demkowicz · License #31DE0993978
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 9:06PM
MLS# 1062866

Copyright © 2026 OneKey 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.

At 69-62 Grand Avenue in Maspeth, this mixed-use property has a ground-floor storefront and three apartments above. The storefront lease runs through August 31, 2033; the upper-floor apartments are on the second, third, and fourth floors.

Built in 1975 with block construction, the building has a basement, natural gas heat, and window or wall/window cooling units. Public water and public sewer serve the property.

Key Highlights

  • Ground‑floor commercial space with three apartments on the second, third, and fourth floors
  • Storefront lease runs through August 31, 2033
  • Built in 1975 with block construction

Property Analytics

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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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,966
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A street-level commercial unit is combined with three apartments on the upper floors.
Where is this mixed-use property located?
The property is located at 69-62 Grand Avenue Maspeth, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Ground‑floor commercial space with three apartments on the second, third, and fourth floors; Storefront lease runs through August 31, 2033; Built in 1975 with block construction
More about this property
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