51-18 Grand Ave Queens, NY 11378
This exceptional Maspeth industrial property offers 40,000 square feet of warehouse space in a single-story building situated on a 6,300-square-foot paved lot. The building boasts excellent visibility due to its prominent Grand Avenue frontage. High ceilings, ranging from 16 to 30 feet, provide ample vertical space for storage and operations. Loading and unloading are efficient with four loading docks, each measuring 40 to 44 feet in depth, complemented by a single drive-in door capable of accommodating large trucks. The property is zoned M1-1, offering flexibility for various industrial uses. The expansive lot provides significant parking and potential for future expansion. With its strategic location, substantial square footage, and convenient loading facilities, this warehouse is ideally suited for businesses requiring significant space and easy access to major transportation routes. An additional 30,000 square feet of land is also available, presenting opportunities for further development or expansion. The property's APN is 2611-136.
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.