New York City  »  11378  »  48th St  »  5645 48th St

56-45 48th Street, Maspeth, NY 11378 - Property report

Also known as: 56-45 48th St

Property image for 56-45 48th Street, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1963

Lot sq. ft.

62,071

Sale price

$8,430,000

General information

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Address
Primary address
56-45 48th Street
Alternate address(es)
58-29 48th St
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02602-0102

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
58,316
Building dimensions
250 ft x 200 ft
Buildings on lot
1
Stories
1
Year built
1963
Last altered
2021
Building material
Sales
Sale date
08/01/2007
Sale price
$8,430,000 - M
Tax
Tax year
2026-2027
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
250 ft x 246 ft
Lot sq. ft.
62,071

Area overview

Walk score
32 /100.  Car-Dependent
Transit score
58 /100.  Good Transit
Bike score
40 /100.  Somewhat Bikeable
School district
24
Community district
5
Closest police station
1.55 Miles
Closest fire station
0.49 Miles

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

Ownership information for 56-45 48th Street, Maspeth, NY

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

Sales history for 56-45 48th Street, Maspeth, NY 11378

Sale date Sale price Buyer name Seller name
08/01/2007 $8,430,000 XXXX XXXXXX XXX X XXXXXXX XXX XXXX XXXXXX, XX X
08/01/2007 $1 XXXXXXX XXX XXXX XXXXXX, XX X 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
07/20/2026 - R
07/14/2026 - D
Satisfaction of Mortgage
(2026071500850001)
XXXX XXXXXX XXXX XXXXXXXX X X
07/16/2026 - R
07/14/2026 - D
Satisfaction of Mortgage
(2026071500831001)
XXXX XXXXXX XXXX XXXXXXXX X X
10/29/2015 - R
10/15/2015 - D
Mortgage and Consolidation
(2015102200383005)
XXXX XXXXXX XXXX XXXXXXXX X X
10/29/2015 - R
10/15/2015 - D
Mortgage and Consolidation
(2015102200383003)
XXXX XXXXXX XXXX XXXXXXXX X X
10/29/2015 - R
10/15/2015 - D
Assignment, Mortgage
(2015102200383002)
XXXX XXXX XXXX (XXX) XXXXXXXX X X
10/29/2015 - R
10/15/2015 - D
Termination of Assign of L&R
(2015102200383001)
XXXX XXXXXX XXXX XXXX
10/29/2015 - R
09/10/2015 - D
Assignment, Mortgage
(2015102200383004)
XXXXXX XXXXXX XXXXX XXXXXXXX XXXXXXXXXXXXXX XXXXXXXX X X
08/07/2013 - R UCC3 Termination
(2013080100863002)
XXXX XXXXXX XXXX XXXXXX XXXXXXXXXX XXXX
08/07/2013 - R Initial UCC1
(2013080100863001)
XXXX XXXXXX XXXX XXXXXXXXXX XXXX X X X )
08/22/2013 - R
07/31/2013 - D
Subordination of Mortgage
(2013080101137006)
XXXX XXXXXX XXXX XXXXXX XXXXXX XXXXX XXXXXXXX XXXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 56-45 48th Street, 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
Municipal exemptions
Recent tax assessments
Market value
$6,082,000
Assessed value
$2,736,900

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 $5,831,000 $2,623,950 $0 10.848% $283,936 $0 n/a
2024/25 $6,401,000 $2,880,450 $0 10.762% $296,328 $0 n/a
2023/24 $6,128,000 $2,757,600 $0 10.592% $292,085 $0 n/a
2022/23 $5,685,000 $2,558,250 $0 10.646% $262,440 $0 n/a
2021/22 $4,729,000 $2,128,050 $0 10.755% $228,872 $0 n/a
2020/21 $5,873,000 $2,642,850 $0 10.694% $257,608 $0 n/a
2019/20 $5,747,000 $2,586,150 $0 10.537% $237,595 $0 n/a
2018/19 $5,548,000 $2,496,600 $0 10.514% $220,187 $0 n/a
2017/18 $5,226,000 $2,351,700 $0 10.514% $205,182 $0 n/a
2016/17 $4,563,000 $2,053,350 $0 10.574% $194,590 $0 n/a

Permit information for 56-45 48th Street, Maspeth, NY

Filing date Job type Job status Job description Initial cost
08/04/2026 Alteration
02/01/2023 Alteration
12/19/2022 Alteration
12/12/2022 Alteration type 2
12/12/2022 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/02/2015 Bench-failure to benchmark
06/06/2014 Bench-failure to benchmark
06/03/2013 Bench-failure to benchmark

*Most recent DOB violations on record for this property.

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

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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)
0.969

Access the detailed traffic volume map for 56-45 48th Street, 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

Frequently asked questions

What is the year built for 56-45 48th Street, Maspeth, NY 11378?

The development at 56-45 48th Street, Maspeth, NY 11378 was built in 1963.

What is the market value of 56-45 48th Street, Maspeth, NY 11378?

The current market value of 56-45 48th Street, Maspeth, NY 11378 is $6,082,000.

What is the total square footage of 56-45 48th Street, Maspeth, NY 11378?

56-45 48th Street, Maspeth, NY 11378 has a total of 58,316 square feet.

What is the price per square foot for this property?

$144 per square foot is the price for 56-45 48th Street, 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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