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

6962 Grand Avenue, Maspeth, NY 11378

Residential Income, Maspeth, NY

Property SizeContact for details
Lot Size0.10 Acres
Days on Market47

Property Features for 6962 Grand Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Interior features Natural Woodwork, Open Kitchen
Elementary school Ps 229 Emanuel Kaplan
Middle school Is 73 Frank Sansivieri Intermediate School (The)
High school Grover Cleveland High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Directions GPS
Standard status Active
APN 02796-0005
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18024

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air, Separate Meters
Water source Public

Building Details

Year built 1975
Number of units 4
Flooring type Hardwood
Building materials Block, Brick
Buildings 1
Listing Agency: Donna Demkowicz R E Corp
Listed By: Donna M. Demkowicz
Added: Sep 13 Changed: Oct 26 Last Checked: Oct 29 at 12:06AM
MLS# 1050154

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1975, this mixed-use property contains three two-bedroom apartments and one commercial storefront. Hardwood flooring runs through the residential and commercial spaces. Each unit has separate utility meters and a separate boiler, and the building has natural gas heat and central air conditioning.

The commercial space is leased through September 1, 2032, with annual increases. The property occupies 0.0994 acres and is constructed of block and brick. Public water and sewer serve the building.

Key Highlights

  • Three two‑bedroom apartments and one commercial storefront
  • Commercial space leased through September 1, 2032, with annual increases
  • Separate utility meters and boilers

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Grand Mars Food Market

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Spa & Massage Center Barber Shop (Bike/Boat/Book/etc) Store

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,719
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 - Three two-bedroom apartments share the property with a commercial space under lease.
Where is this mixed-use property located?
The property is located at 6962 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: Three two‑bedroom apartments and one commercial storefront; Commercial space leased through September 1, 2032, with annual increases; Separate utility meters and boilers
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