Queens  »  11378  »  55th St  »  5901 55th St

59-01 55th Street, Maspeth, NY 11378 - Property report

Also known as: 59-01 Rear 55th St

Property image for 59-01 55th Street, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1929

Lot sq. ft.

7,350

Sale price

$3,600,000

General information

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Address
Primary address
59-01 55th Street
Alternate address(es)
59-01 Rear 55th St
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02630-0001

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
7,300
Building dimensions
73 ft x 100 ft
Buildings on lot
2
Stories
1
Year built
1929
Building material
Sales
Sale date
01/13/2022
Sale price
$3,600,000
Tax
Tax year
2026-2027
Property tax
$20,975
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
73 ft x 100 ft
Lot sq. ft.
7,350

Area overview

Walk score
71 /100.  Very Walkable
Transit score
70 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
24
Community district
5
Closest police station
1.32 Miles
Closest fire station
0.43 Miles

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

Ownership information for 59-01 55th Street, Maspeth, NY

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

Sales history for 59-01 55th Street, Maspeth, NY 11378

Sale date Sale price Buyer name Seller name
01/13/2022 $3,600,000 XXXXXXX XXXX XXXXXX XXXXXXXX XXX XXXX XXXX XXXXXX XXX
04/04/2014 $1,350,000 XXXX XXXX XXXXXX XXX XXXXX XXXXXX XXX
05/22/2008 $1,150,000 XXXXX XXXXXX XXX XXXXXX, XXXXX XXX XXXXXXXXXX XX XXXXX XXXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/18/2022 - R Initial UCC1
(2022012400840003)
XXXXXX XXXXXX XXX XXXX XXXX
02/17/2022 - R
01/20/2022 - D
Termination of Assign of L&R
(2022021400458001)
XXXX XXXX XXXXXX XXX
02/01/2022 - R
01/20/2022 - D
Satisfaction of Mortgage
(2022012700517001)
XXXX XXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
04/18/2022 - R
01/13/2022 - D
Mortgage
(2022012400840002)
XXXXXXX XXXX XXXXXX XXXXXXXX XXX XXXX XXXX
04/18/2022 - R
01/13/2022 - D
Deed
(2022012400840001)
XXXX XXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
06/19/2014 - R
06/03/2014 - D
Satisfaction of Mortgage
(2014061400206001)
XXXXX XXXXXX XXX XX XXXX X X
04/21/2014 - R
04/04/2014 - D
Assignment of Leases and Rents
(2014040800321003)
XXXX XXXX XXXXXX XXX X XXXXXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
04/21/2014 - R
04/04/2014 - D
Mortgage
(2014040800321002)
XXXX XXXX XXXXXX XXX X XXXXXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
04/21/2014 - R
04/04/2014 - D
Deed
(2014040800321001)
XXXXX XXXXXX XXX XXXX XXXX XXXXXX XXX
06/19/2008 - R
05/29/2008 - D
Satisfaction of Mortgage
(2008061200859002)
XXXXX XXXXXXXXXX XXX XXXXXX XXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 59-01 55th 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
Property tax
$20,975
Municipal exemptions
Recent tax assessments
Market value
$887,000
Assessed value
$399,150

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 $815,000 $366,750 $344,430 10.848% $37,364 $20,941 -43.34%
2024/25 $790,000 $355,500 $343,440 10.762% $36,961 $36,961 +4.06%
2023/24 $775,000 $348,750 $335,340 10.592% $35,519 $35,519 +1.62%
2022/23 $789,000 $355,050 $328,320 10.646% $34,953 $34,953 +9.76%
2021/22 $658,000 $296,100 $296,100 10.755% $31,846 $31,846 -6.09%
2020/21 $804,000 $361,800 $317,110 10.694% $33,912 $33,912 +7.60%
2019/20 $700,000 $315,000 $299,110 10.537% $31,517 $31,517 +4.63%
2018/19 $697,000 $313,650 $286,510 10.514% $30,124 $30,124 +5.08%
2017/18 $686,000 $308,700 $272,656 10.514% $28,667 $28,667 +9.30%
2016/17 $654,000 $294,300 $248,046 10.574% $26,228 $26,228 +6.12%

Permit information for 59-01 55th Street, Maspeth, NY

Filing date Job type Job status Job description Initial cost
02/17/2023 Alteration
12/07/2022 Alteration
09/21/2017 Alteration type 2
01/06/2015 Alteration type 2
12/17/2014 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/27/2001 Ll6291-local law 62/91 - boilers
02/07/2000 Ll6291-local law 62/91 - boilers
03/16/1999 Ll6291-local law 62/91 - boilers

*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
4

Subway & traffic

Closest station
Jefferson St & Wyckoff Ave at NW Corner
Station lines
L
Distance (miles)
0.893

Access the detailed traffic volume map for 59-01 55th 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 59-01 55th Street, Maspeth, NY 11378?

The development at 59-01 55th Street, Maspeth, NY 11378 was built in 1929.

What is the market value of 59-01 55th Street, Maspeth, NY 11378?

The current market value of 59-01 55th Street, Maspeth, NY 11378 is $887,000.

What is the total square footage of 59-01 55th Street, Maspeth, NY 11378?

59-01 55th Street, Maspeth, NY 11378 has a total of 7,300 square feet.

What is the price per square foot for this property?

$493 per square foot is the price for 59-01 55th 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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