5910 57Th Rd Maspeth, NY 11378
- Retail residential properties
- 2,962 SF
- 0.06 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 5910 57Th Rd
- Year built
- 1920
- Lot size
- 0.06 lot acres
- Property size
- 2,962 SF
- Zone code
- R4-1
- Property type
- Retail residential properties
- APN
- 02693-0016
- APU
- 26930016
Description
This exceptional commercial property, located at 5910 57th Rd in Maspeth, NY, offers 5,326 square feet of versatile space across three levels. The building sits on a 0.06-acre lot and is priced at $1,680,000. The ground floor boasts 2,330 square feet with impressive 14-foot high ceilings, ideal for various uses including retail, wholesale, or food distribution. A fully finished basement, also measuring 2,330 square feet, provides ample additional space for storage or operations. The second floor features a 620-square-foot office area complemented by a large terrace, offering both workspace and outdoor amenity. A significant advantage is the inclusion of an attached van parking garage, providing convenient and secure parking. This brand-new commercial building is situated in the heart of Maspeth, offering excellent accessibility and visibility. The property's flexible layout and prime location make it an attractive investment opportunity for a wide range of businesses. The total interior square footage is approximately 5,300 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $510,000
- 6.5%
- $540,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $535,000
- Geo Method
- $525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $625,000
- Mixed-Use
- $580,000
- Hospitality
- $635,000
- Educational
- $640,000
- Residential Income
- $570,000
- Energy
- $515,000
- Income-Based Land
- $540,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.908
- Latitude
- 40.7223
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA