Queens  »  11378  »  Maspeth Ave  »  4885 Maspeth Ave

48-85 Maspeth Avenue, Maspeth, NY 11378 - Property report

Also known as: 48-85 Maspeth Ave

Property image for 48-85 Maspeth Avenue, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1968

Lot sq. ft.

34,479

Sale price

$9,900,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
48-85 Maspeth Avenue
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02575-0300

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
32,000
Building dimensions
147 ft x 190 ft
Buildings on lot
1
Stories
1
Year built
1968
Last altered
1990
Building material
Sales
Sale date
02/14/2017
Sale price
$9,900,000
Tax
Tax year
2026-2027
Property tax
$162,411
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
182 ft x 212 ft
Lot sq. ft.
34,479

Area overview

Walk score
42 /100.  Car-Dependent
Transit score
51 /100.  Good Transit
Bike score
41 /100.  Somewhat Bikeable
School district
24
Community district
2
Closest police station
1.68 Miles
Closest fire station
0.66 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 48-85 Maspeth Avenue, Maspeth, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 48-85 Maspeth Avenue, Maspeth, NY 11378

Sale date Sale price Buyer name Seller name
02/14/2017 $9,900,000 XXXX XX XXXXXXXX XXX XX XXXXXX XXXXXXXXXX, XXX.
09/09/2003 $3,000,000 XX XXXXXX XXXXXXXXXXX, XXX. X.X.X.X. XXXXXX, XXX.
09/09/2003 $1 X.X.X.X. XXXXXX, XXX. XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2022 - R Initial UCC1
(2022032201499001)		 XXXX XX XXXXXXXX XXX XXXXXX XXXX
03/23/2022 - R
03/15/2022 - D		 Assignment of Leases and Rents
(2022031700269002)		 XXXX XX XXXXXXXX XXX XXXXXX XXXX
03/23/2022 - R
03/15/2022 - D		 Mortgage
(2022031700269001)		 XXXX XX XXXXXXXX XXX XXXXXX XXXX
09/15/2021 - R UCC3 Continuation
(2021091500137001)		 XXXX XX XXXXXXXX XXX XXXXXX XXXX
10/08/2019 - R
10/03/2019 - D		 Sundry Agreement
(2019100400840001)		 XXXXX XXXX XXXXXXXXXXX XXXX
09/30/2019 - R
09/16/2019 - D		 Certificate
(2019092000057002)		 XXXX XX X XXXX XX XXX XXXXXXXX XX XXX X XXX
01/17/2019 - R
01/08/2019 - D		 Sundry Agreement
(2019011501104001)		 XXXXX XXXX XXX XXXXX XXXXX X XXX
01/08/2019 - R
10/30/2018 - D		 Memorandum of Lease
(2018123100398001)		 XXXX XX XXXXXXXX XXX XXXXXXXX XX XXX X XXX
03/15/2017 - R UCC3 Termination
(2017031001524001)		 XX XXXXXX XXXXXXXXXX XXX XXXX XXXXXXX XXXX XXX
03/09/2017 - R UCC3 Termination
(2017030800639001)		 XX XXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48-85 Maspeth Avenue, Maspeth, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$162,411
Municipal exemptions
Recent tax assessments
Market value
$3,575,000
Assessed value
$1,608,750

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $3,476,000 $1,564,200 $1,401,660 10.848% $152,052 $152,052 +2.74%
2024/25 $3,407,000 $1,533,150 $1,375,200 10.762% $147,999 $147,999 +4.13%
2023/24 $3,158,000 $1,421,100 $1,341,810 10.592% $142,125 $142,125 +48.04%
2022/23 $3,019,000 $1,358,550 $1,328,670 10.646% $141,450 $96,006 +25.95%
2021/22 $2,514,000 $1,131,300 $1,131,300 10.755% $121,671 $76,227 -47.24%
2020/21 $3,182,000 $1,431,900 $1,350,900 10.694% $144,465 $144,465 +6.54%
2019/20 $3,036,000 $1,366,200 $1,286,910 10.537% $135,602 $135,602 +4.47%
2018/19 $3,012,000 $1,355,400 $1,234,530 10.514% $129,798 $129,798 +7.06%
2017/18 $2,927,000 $1,317,150 $1,153,170 10.514% $121,244 $121,244 n/a
2016/17 $2,853,000 $1,283,850 $0 10.574% $112,134 $0 n/a
Permits

Permit information for 48-85 Maspeth Avenue, Maspeth, NY

Filing date Job type Job status Job description Initial cost
09/26/2018 Alteration
03/23/2018 Alteration type 2
03/21/2017 Alteration type 2
08/12/2005 Alteration type 2
07/22/2002 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Jefferson St & Wyckoff Ave at NW Corner
Station lines
L
Distance (miles)
1.111
View subway map

Access the detailed traffic volume map for 48-85 Maspeth Avenue, Maspeth, NY 11378 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 48-85 Maspeth Avenue, Maspeth, NY

55-90 48th St, Maspeth 56-01 Maspeth Ave, Maspeth 58-25 57th St, Maspeth 55-60 58th St, Maspeth 56-75 49th Pl, Maspeth 49-29 Maspeth Ave, Maspeth 56-38 58th St, Maspeth 56-22 58th St, Maspeth 3-49 49th Ln, Maspeth 56-34 56th St, Maspeth 55-70 48th St, Maspeth 55-80 48th St, Maspeth 49-00 Maspeth Ave, Maspeth 56-85 49th St, Maspeth 57-00 47th St, Maspeth 49-01 Maspeth Ave, Maspeth 48-81 Maspeth Ave, Maspeth 56-65 Rust St, Maspeth 49-25 Maspeth Ave, Maspeth 1 Galasso Pl, Maspeth

Nearby ZIP codes for 48-85 Maspeth Avenue, Maspeth, NY

10044, New York City, NY 11101, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11105, New York City, NY 11106, New York City, NY 11109, New York City, NY 11206, New York City, NY 11211, New York City, NY 11221, New York City, NY 11222, New York City, NY 11233, New York City, NY 11237, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11377, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 48-85 Maspeth Avenue, Maspeth, NY 11378?

The development at 48-85 Maspeth Avenue, Maspeth, NY 11378 was built in 1968.

What is the market value of 48-85 Maspeth Avenue, Maspeth, NY 11378?

The current market value of 48-85 Maspeth Avenue, Maspeth, NY 11378 is $3,575,000.

What is the total square footage of 48-85 Maspeth Avenue, Maspeth, NY 11378?

48-85 Maspeth Avenue, Maspeth, NY 11378 has a total of 32,000 square feet.

What is the price per square foot for this property?

$309 per square foot is the price for 48-85 Maspeth Avenue, Maspeth, NY 11378.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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