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    OFF-MARKET
    Land

    55-25 69Th St, Maspeth, NY 11378

    3,280 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,280 square foot commercial land parcel is situated at 55-25 69th Street in Maspeth, Queens, New York, 11378. The property, located in the heart of Maspeth, boasts a prime location on 69th Street near Grand Avenue, offering excellent visibility and accessibility. Built in 2001, the existing structure features a first-floor storefront with significant potential for redevelopment or repurposing. The interior currently includes three private offices, a conference room, a half-bath, and a large open area suitable for various configurations. This versatile space is well-suited for a range of businesses, from professional offices (law, medical, etc.) to shared workspaces, creative studios (dance studio), or even a café. The property's proximity to numerous amenities, including pizzerias, other offices, a post office, and grocery stores, further enhances its appeal. This is an opportunity to establish a presence in a thriving Maspeth community. The asking price for this exceptional property is $6,498. The property's location offers easy access to major transportation routes, making it convenient for both employees and clients. This is a rare opportunity to acquire a well-located commercial property in a rapidly developing area.

    Property profile
    Verified
    Property type Land
    Total area 3,280 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
    • Channel Mortgage, LLC Loan Service Bank
    • Queens Homes On Line Real Estate Agency
    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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