Queens  »  11378  »  Flushing Ave  »  5505 Flushing Ave

55-05 Flushing Avenue, Maspeth, NY 11378 - Property report

Also known as: 59-45 55th St

Property image for 55-05 Flushing Avenue, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1938

Lot sq. ft.

16,000

Sale price

$8,000,000

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
55-05 Flushing Avenue
Alternate address(es)
55-01 Flushing Ave
55-03 - 55-05 Flushing Ave
55-03 - 55-09 Flushing Ave
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02630-0046

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
15,678
Building dimensions
113 ft x 201 ft
Buildings on lot
2
Stories
2
Year built
1938
Last altered
2020
Building material
Sales
Sale date
08/27/2024
Sale price
$8,000,000
Tax
Tax year
2026-2027
Property tax
$88,416
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
3
Lot
Lot dimensions
113 ft x 122 ft
Lot sq. ft.
16,000

Area overview

Walk score
81 /100.  Very Walkable
Transit score
74 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
24
Community district
5
Closest police station
1.23 Miles
Closest fire station
0.35 Miles

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

Ownership information for 55-05 Flushing Avenue, Maspeth, NY

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

Sales history for 55-05 Flushing Avenue, Maspeth, NY 11378

Sale date Sale price Buyer name Seller name
08/27/2024 $8,000,000 XX-XX XXXXXXXX XXXXX XXX XXX XX XXXXXXXXXX XXX
01/16/2020 $5,980,000 XXX XX XXXXXXXXXX XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX
06/01/2018 $4,497,074 XX-XX XXXXXXXX XXXXXX XXX XXXXXXX X XXXXXXXX XX, XX XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/18/2026 - R
02/11/2026 - D
Zoning Lot Description
(2026021800228002)
XXXX XXXXXXXX XXXXX XXX
02/18/2026 - R
02/11/2026 - D
Certificate
(2026021800228001)
XXXXXXXXX XXXXXXXX XXXXXXXX XXX
11/22/2024 - R
10/03/2024 - D
Satisfaction of Mortgage
(2024111200879002)
XXX X X XXXXX XXXXXXXX XXXXXXXXXXXXXX XXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/06/2024 - R Initial UCC1
(2024090400661016)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX
09/06/2024 - R UCC3 Termination
(2024090400661008)
XXX XX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
09/06/2024 - R
08/27/2024 - D
Assignment of Leases and Rents
(2024090400661015)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX
09/06/2024 - R
08/27/2024 - D
Mortgage
(2024090400661014)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX
09/06/2024 - R
08/27/2024 - D
Assignment of Leases and Rents
(2024090400661013)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX
09/06/2024 - R
08/27/2024 - D
Mortgage
(2024090400661012)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX
09/06/2024 - R
08/27/2024 - D
Assignment of Leases and Rents
(2024090400661011)
XXXX XXXXXXXX XXXXX XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55-05 Flushing 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
$88,416
Municipal exemptions
Recent tax assessments
Market value
$1,910,000
Assessed value
$859,500

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 $1,832,000 $824,400 $742,616 10.848% $80,559 $80,559 n/a
2024/25 $1,625,000 $731,250 $0 10.762% $65,050 $0 n/a
2023/24 $1,572,000 $707,400 $0 10.592% $58,875 $0 n/a
2022/23 $1,492,000 $671,400 $0 10.646% $54,739 $0 n/a
2021/22 $882,000 $396,900 $0 10.755% $42,687 $0 n/a
2020/21 $1,145,000 $515,250 $482,400 10.694% $51,588 $51,588 +7.25%
2019/20 $1,085,000 $488,250 $456,480 10.537% $48,099 $48,099 +5.48%
2018/19 $1,109,000 $499,050 $433,710 10.514% $45,600 $45,600 +7.72%
2017/18 $1,073,000 $482,850 $402,638 10.514% $42,333 $42,333 +7.92%
2016/17 $948,000 $426,600 $370,958 10.574% $39,225 $39,225 -4.05%

Permit information for 55-05 Flushing Avenue, Maspeth, NY

Filing date Job type Job status Job description Initial cost
08/05/2026 Alteration
03/06/2026 Alteration CO
03/03/2026 Alteration
05/20/2022 Alteration
05/28/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/23/2024 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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
-

Subway & traffic

Closest station
Starr St & Wyckoff Ave at NW Corner
Station lines
L
Distance (miles)
0.84

Access the detailed traffic volume map for 55-05 Flushing 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 55-05 Flushing Avenue, Maspeth, NY 11378?

The development at 55-05 Flushing Avenue, Maspeth, NY 11378 was built in 1938.

What is the market value of 55-05 Flushing Avenue, Maspeth, NY 11378?

The current market value of 55-05 Flushing Avenue, Maspeth, NY 11378 is $1,910,000.

What is the total square footage of 55-05 Flushing Avenue, Maspeth, NY 11378?

55-05 Flushing Avenue, Maspeth, NY 11378 has a total of 15,678 square feet.

What is the price per square foot for this property?

$510 per square foot is the price for 55-05 Flushing Avenue, Maspeth, NY 11378.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

How many active listings does 55-05 Flushing Avenue, Maspeth, NY 11378 have?

This address has 1 active listing(s).

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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