55-40 44Th St Queens, NY 11378
This exceptional industrial property, located at 5540 44th St in Maspeth, Queens, offers 10,500 square feet of immediately available warehouse space within a larger 24,093 square foot building. Built in 2007, the single-story structure boasts a generous 25-foot ceiling height, perfect for various industrial uses. The property includes two convenient drive-in doors for efficient loading and unloading. Adding to its functionality is a substantial 17,500 square foot fenced and paved yard, providing ample outdoor storage or maneuvering space. The M3-1 zoning allows for a wide range of industrial and commercial activities. This strategically located property is just blocks from both the Brooklyn-Queens Expressway and the Long Island Expressway, offering unparalleled access to all five boroughs of New York City and points north and east. The property is currently multi-tenant. Don't miss this opportunity to secure a prime industrial space in a thriving Queens location. Contact us today to schedule a viewing.
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.
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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.