New York City  »  11378  »  55th Rd  »  5940 55th Rd

59-40 55th Road, Maspeth, NY 11378 Property Information

59-40 55th Road, Maspeth, NY 11378 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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59-40 55th Road, Maspeth, NY 11378 1
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Address

Primary address 59-40 55th Road
Neighborhood Maspeth
Zip code 11378
Borough Queens
Block & lot 02687-0021

Sales & Tax Overview for 59-40 55th Road, Maspeth

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/27/2023
Purchase price $8,000,000
Tax class
Estimated property tax $100,434

Lot & Building Information for 59-40 55th Road, Maspeth

Lot sqft 40,000
Lot dimensions 200 ft x 200 ft
Building class Limited Service - Many Affiliated with National Chain (H3) i
Building sqft 50,367
Building dimensions 150 ft x 50 ft
Buildings on lot 1
Stories 6
Year built 2007
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Zoning & Use for 59-40 55th Road, Maspeth

Zoning
Commercial units 1

Area Overview



School district 24
Community district 5
Closest police station 1.65 Miles
Closest fire station 0.55 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 59-40 55th Road, Maspeth

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 59-40 55th Road, Maspeth, NY 11378, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 59-40 55th Road, Maspeth, NY 11378, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 59-40 55th Road, Maspeth

How many sq. ft. does 59-40 55th Road, Maspeth, NY 11378 have & what is the price per sq. ft?

This Limited Service - Many Affiliated with National Chain (H3) located at 59-40 55th Road, Maspeth, NY 11378 has a total of 50,367 square feet and a current price per square foot of $158.

What is the year built & the current market value of 59-40 55th Road, Maspeth, NY 11378?

59-40 55th Road, Maspeth, NY 11378 was built in 2007 and has a current tax assessor's market value of $10,019,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 59-40 55th Road, Maspeth

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Property owner name for 59-40 55th Road, Maspeth, NY 11378
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Building contacts for 59-40 55th Road, Maspeth, NY 11378
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 59-40 55th Road, Maspeth

Create a free account to view the complete sales history for 59-40 55th Road, Maspeth, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/27/2023 $8,000,000

Title Documents for 59-40 55th Road, Maspeth

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/30/2023 - R Initial UCC1
(2023102700918001)
10/27/2023 - D
12/07/2023 - R
Sundry Miscellaneous
(2023110200673006)
10/27/2023 - D
12/07/2023 - R
Satisfaction of Mortgage
(2023110200673005)
10/27/2023 - D
12/07/2023 - R
Satisfaction of Mortgage
(2023110200673004)
10/27/2023 - D
12/07/2023 - R
Assignment of Leases and Rents
(2023110200673003)
10/27/2023 - D
12/07/2023 - R
Mortgage
(2023110200673002)
10/27/2023 - D
12/07/2023 - R
Deed
(2023110200673001)
08/15/2023 - D
08/28/2023 - R
Sundry Miscellaneous
(2023082200903001)
08/04/2023 - R Initial UCC1
(2023080400057003)
12/29/2022 - D
04/13/2023 - R
Sundry Miscellaneous
(2023031500720003)
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R: Recorded date
D: Document date

Property Taxes for 59-40 55th Road, Maspeth

Access detailed property tax data for 59-40 55th Road, Maspeth, NY 11378. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $58,579
Estimated property tax: $100,434
Tax assessor's market value: $10,019,000
Assessed value: $4,508,550
Exemptions granted by city:

Assessment History for 59-40 55th Road, Maspeth

Here's the assessment & property tax history for 59-40 55th Road, Maspeth, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $10,019,000 $4,508,550 $540,000 10.848% $438,387 $58,579 +0.80%
2024/25 $9,805,000 $4,412,250 $540,000 10.762% $459,659 $58,115 +6.00%
2023/24 $9,001,000 $4,050,450 $517,590 10.592% $429,024 $54,823 +4.00%
2022/23 $8,247,000 $3,711,150 $495,180 10.646% $395,089 $52,717 +3.68%
2021/22 $7,830,000 $3,523,500 $472,770 10.755% $378,952 $50,846 -17.23%

Permits for 59-40 55th Road, Maspeth

The complete history of permits filed for 59-40 55th Road, Maspeth, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
05/01/2022 Alteration
09/29/2008 Sign
09/29/2008 Sign
09/29/2008 Sign
09/29/2008 Sign
07/28/2008 Alteration type 2
07/28/2008 Alteration type 2
03/07/2008 New building
04/25/2007 Alteration type 3
04/25/2007 Alteration type 3
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station 52nd St & Roosevelt Ave at SW Corner
Station lines 7
Distance (miles) 1.252
View subway map
Bus Routes
Name Maurice Av/Qns Midtown Exp
Distance (miles) 0.112

Neighbors for 59-40 55th Road, Maspeth

Here are the neighbors for 59-40 55th Road, Maspeth, NY 11378.

Address Square feet Purchase date Purchase price
1-51 153rd Pl, Jamaica 12/29/2009 $1,235,000
120-27 171st St, Jamaica 1,308 09/01/2015 $320,000
14-15 McBride St, Far Rockaway 2,304 11/28/2001
8-14 Caffrey Ave, Far Rockaway 3,252 02/13/1979
118-72 Riverton St, Saint Albans 1,538 06/04/2021 $10
53-08 94th St, Elmhurst 3,000 02/15/2008
108-38 39th Ave, Corona 2,000 11/27/2002 $485,000
120-48 168th St, Jamaica 2,304 06/29/2017 $708,000
249-17 148th Rd, Rosedale 1,224 12/21/2021 $584,000
20-27 42nd St, Astoria 903 11/11/2009 $400,000
12-26 Clintonville St, Whitestone 1,802 09/03/1998
134-35 160th St, Jamaica 1,942 06/27/2017 $630,000
24-05 - 24-09 89th St, East Elmhurst 2,500 07/29/1999
35-45 170th St, Flushing 1,897 12/02/1988
50-50 207th St, Oakland Gardens 1,224 09/11/2014 $565,000
207-05 Linden Blvd, Cambria Heights 3,220 10/18/2010
151-30 135th Ave, Jamaica 12/29/2009 $1,235,000
117-15 232nd St, Cambria Heights 1,144 04/05/2004 $333,000
157-33 91st St, Howard Beach 1,524 07/19/2005
161-23 119th Dr, Jamaica 1,240 10/08/2021
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