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    72-19 Grand Ave Maspeth, NY 11378
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    72-19 Grand Ave, Maspeth, NY 11378

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    • Land
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 72-19 Grand Ave

    Property type
    Land

    Description

    This exceptional Maspeth development opportunity presents a 3,154 sq ft R5B zoned lot with a poured foundation, ready for immediate construction. The L-shaped corner property boasts 6,308 sq ft of buildable area as of right, allowing for a mixed-use commercial and residential building. The existing foundation eliminates setbacks, maximizing buildable space. The basement features 12' ceilings, ideal for plumbing and additional floor space. Adding a community facility could further increase the floor area ratio. Three sides of the building will have windows, providing ample natural light. This prime location in Queens County, NY (zip code 11378) offers a wide range of development possibilities, from condos to mixed-use projects. The asking price is $1,185,000. Showings are by appointment only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Maspeth
    County
    Queens
    State
    New York
    Longitude
    -73.8909
    Latitude
    40.7287
    More about this property
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