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    FOR SALE
    Office buildings

    6666 Grand Ave, Maspeth, NY 11378

    2,400 SF 0.1 ac lot Built 1925
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-3622994
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 6666 Grand Avenue in Maspeth, New York, presents a compelling investment opportunity. Situated in the heart of Maspeth, this building benefits from an unparalleled location, offering easy access to the Long Island Expressway (LIE), providing convenient connections to major roadways and facilitating seamless travel throughout the region. The property's central location also ensures proximity to a comprehensive network of public transportation options, simplifying commutes for residents and employees alike. Its advantageous position also places it within convenient reach of Manhattan, enhancing its appeal and accessibility. The building is being sold in its current "as-is" condition, allowing for potential buyers to customize and renovate to their specific needs and vision. The property's mixed-use zoning allows for a variety of potential uses, making it an attractive investment for both seasoned investors and those new to the commercial real estate market. The sale price is $1,195,000. While the exact square footage is not currently available, the property's prime location and potential for diverse uses make it a highly desirable asset. Serious inquiries are encouraged to explore this unique investment opportunity further. The property is situated on a lot with zero acres.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1925
    Total area 2,400 SF
    Lot 0.1 ac (4,455 SF)
    Zoning code R5B
    APN 02774-0047
    UPID US63-3622994
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $525k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $452k
    Blend (final) Blend
    $525k
    Owner & transaction history
    Star 26 LLC · 2 yrs held
    Star 26 LLC
    since 2024
    Last sale
    $525,000
    3 recorded transactions
    2025
    2024
    $525,000
    2022
    Zoning & alternative use
    R5B · Flushing, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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