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Property profile & analytics
OFF-MARKET
Warehouses

61-26 Maurice Ave Maspeth, NY 11378

22,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 22,000-square-foot warehouse, located at 61-26 Maurice Avenue in Maspeth, Queens, presents a unique investment opportunity. The property boasts a desirable C8-1 zoning designation and features a substantial 20-foot ceiling height, making it perfectly suited for various industrial uses, particularly warehousing and distribution. Its strategic location offers immediate access to major transportation arteries, including the Long Island Expressway (LIE) and the Brooklyn-Queens Expressway (BQE), ensuring efficient logistics and convenient commutes. The warehouse includes multiple loading docks and a drive-in door, facilitating seamless loading and unloading operations. Further enhancing its functionality, the property features a wet sprinkler system, heavy power, and gas and oil heat. Partial second-floor office space provides ample administrative area. The building has recently undergone significant capital improvements, including upgrades to the roof, fire suppression system, pointing, and offices. Existing refrigeration/freezer units can remain or be removed to suit the new tenant's needs. The wide street allows for easy access and maneuverability for large trucks. The property's APN is 2371-112. Currently used as a refrigerated food distribution facility, this versatile space is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 22,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bakemark / Valente Yeast Co Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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