58-30 Grand Ave Maspeth, NY 11378
The Pearl Building offers a unique opportunity to lease industrial space in Queens County. This multi-tenant property, totaling 156,792 square feet, boasts a variety of spaces available, ranging from a minimum of 5,252 square feet to a maximum contiguous space of 52,264 square feet. Currently, 104,528 square feet is vacant and ready for immediate occupancy. Built in 1930 and extensively renovated in 2000, the building features modern amenities including new LED lighting throughout, fresh interior paint, and renovated restrooms. High ceilings at 15 feet provide ample vertical space, while 10 loading docks ensure efficient loading and unloading operations. The property also benefits from both passenger and freight elevator access, including a 10,000 lb freight elevator. Column spacing is 25' x 25'. The building is zoned M3-1, making it suitable for a variety of manufacturing, warehouse, and distribution uses. This is an exceptional opportunity to secure high-quality industrial space in a desirable location. Contact us today to learn more about the available spaces and lease terms.
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
Similar Nearby for Sale
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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.