New York City  »  11378  »  Grand Ave  »  5515 Grand Ave

55-15 Grand Avenue, Maspeth, NY 11378 - Property report

Also known as: 54-15 Grand Ave

Property image for 55-15 Grand Avenue, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

2021

Lot sq. ft.

384,695

Sale price

$72,000,000

General information

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Address
Primary address
55-15 Grand Avenue
Alternate address(es)
54-15 Grand Ave
55-01 - 55-15 Grand Ave
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02610-0336

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
857,715
Building dimensions
465 ft x 528 ft
Buildings on lot
1
Year built
2021
Building material
Sales
Sale date
01/30/2018
Sale price
$72,000,000 - M
Tax
Tax year
2026-2027
Property tax
$839,118
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
627.33 ft x 600 ft
Lot sq. ft.
384,695

Area overview

Walk score
67 /100.  Somewhat Walkable
Transit score
64 /100.  Good Transit
Bike score
52 /100.  Bikeable
School district
24
Community district
5
Closest police station
1.42 Miles
Closest fire station
0.53 Miles

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

Ownership information for 55-15 Grand Avenue, Maspeth, NY

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

Sales history for 55-15 Grand Avenue, Maspeth, NY 11378

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/04/2025 - R UCC3 Termination
(2025020400082003)
XXXX XXXXX XXXXXX XXXXXXXX XX XXXXXXXX XXXXX XXXX X X
02/04/2025 - R UCC3 Termination
(2025020400082002)
XXXX XXXXX XXXXXX XXXXXXXX XX XXXXXXXX XXXXX XXXX X X
02/04/2025 - R UCC3 Termination
(2025020400082001)
XXXX XXXXX XXXXXX XXXXXXXX XX XXXXXXXX XXXXX XXXX X X
02/03/2025 - R
01/17/2025 - D
Assignment of Leases and Rents
(2025013000493006)
XXXX XXXXX XXXXXX XXXXXXXX XX XXX XXXX XXXX XXXXXXXXX XXXXXXX
02/03/2025 - R
01/17/2025 - D
Agreement
(2025013000493005)
XXXX XXXXX XXXXXX XXXXXXXX XX XXX XXXX XXXX XXXXXXXXX XXXXXXX
02/03/2025 - R
01/17/2025 - D
Mortgage
(2025013000493004)
XXXX XXXXX XXXXXX XXXXXXXX XX XXX XXXX XXXX XXXXXXXXX XXXXXXX
02/03/2025 - R
01/17/2025 - D
Assignment, Mortgage
(2025013000493003)
XXXXXXXX XXXXX XXXX X X XXX XXXX XXXX XXXXXXXXX XXXXXXX
02/03/2025 - R
01/17/2025 - D
Assignment, Mortgage
(2025013000493002)
XXXXXXXX XXXXX XXXX X X XXX XXXX XXXX XXXXXXXXX XXXXXXX
02/03/2025 - R
01/17/2025 - D
Assignment, Mortgage
(2025013000493001)
XXXXXXXX XXXXX XXXX X X XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/14/2023 - R
03/10/2023 - D
Both RPTT and RETT
(2023031000450001)
XXXX XXXXX XXXXXX XXXXXXXX XXXX XXX XXXX XXXXX XXXXXX XXXXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55-15 Grand 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
$839,118
Municipal exemptions
Recent tax assessments
Market value
$126,054,000
Assessed value
$56,724,300

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 $124,268,000 $55,920,600 $54,908,730 10.848% $5,956,499 $786,455 +7.50%
2024/25 $121,885,000 $54,848,250 $54,584,010 10.762% $5,874,331 $731,581 -87.24%
2023/24 $121,642,000 $54,738,900 $54,135,090 10.592% $5,733,989 $5,733,989 +1353.54%
2022/23 $10,472,000 $4,712,400 $3,705,480 10.646% $394,485 $394,485 +10.07%
2021/22 $9,490,000 $4,270,500 $3,332,340 10.755% $358,393 $358,393 -41.73%
2020/21 $12,781,000 $5,751,450 $5,751,450 10.694% $615,060 $615,060 +11.55%
2019/20 $14,644,000 $6,589,800 $5,232,873 10.537% $600,985 $551,388 +15.51%
2018/19 $13,598,000 $6,119,100 $4,540,143 10.514% $551,585 $477,351 +13.37%
2017/18 $12,673,000 $5,702,850 $4,004,552 10.514% $520,017 $421,039 +10.94%
2016/17 $12,609,000 $5,674,050 $3,589,232 10.574% $503,955 $379,525 +17.94%

Permit information for 55-15 Grand Avenue, Maspeth, NY

Filing date Job type Job status Job description Initial cost
07/31/2025 Alteration
12/26/2024 Alteration
12/26/2024 Alteration
09/03/2024 Alteration
07/17/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/02/2023 Bench-failure to benchmark none
05/26/2021 Aeuhaz1-fail to certify class 1 none
09/10/2018 E-elevator

*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)
1.005

Access the detailed traffic volume map for 55-15 Grand 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

Frequently asked questions

What is the year built for 55-15 Grand Avenue, Maspeth, NY 11378?

The development at 55-15 Grand Avenue, Maspeth, NY 11378 was built in 2021.

What is the market value of 55-15 Grand Avenue, Maspeth, NY 11378?

The current market value of 55-15 Grand Avenue, Maspeth, NY 11378 is $126,054,000.

What is the total square footage of 55-15 Grand Avenue, Maspeth, NY 11378?

55-15 Grand Avenue, Maspeth, NY 11378 has a total of 857,715 square feet.

What is the price per square foot for this property?

$83 per square foot is the price for 55-15 Grand 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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