58-01 Grand Ave Maspeth, NY 11378
- Warehouses
- 52,000 SF
Current Use by Public Records
- United Basket Co / Gift Basket Store
Property Details for 58-01 Grand Ave
- Property size
- 52,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 52,000-square-foot industrial warehouse, located at 58-01 Grand Avenue in Maspeth, Queens, New York, presents a significant investment opportunity. Priced at $20,000,000, the property boasts a highly desirable M-1 zoning classification, offering considerable flexibility for a range of industrial uses. The building features three drive-in doors and three interior loading docks, ensuring efficient and convenient operations. Its strategic location in the heart of Maspeth provides unparalleled access to major transportation arteries and is situated just one block from a new Amazon distribution center, offering significant logistical advantages and proximity to a major e-commerce hub. The single-tenant occupancy provides a stable investment opportunity with potential for future growth. The property's substantial size and prime location make it an ideal asset for businesses seeking a robust and adaptable industrial space in a thriving commercial area. The 11378 zip code further enhances its appeal, placing it within a well-established and rapidly developing industrial corridor. This is a rare opportunity to acquire a significant industrial property in a highly sought-after location. The property's features and location combine to create a compelling investment proposition with strong potential for long-term appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maspeth
- County
- Queens
- State
- New York
- Longitude
- -73.9111
- Latitude
- 40.7199
