Queens  »  11378  »  48th St  »  5421 48th St

54-21 48th Street, Maspeth, NY 11378 Property Information

54-21 48th Street, Maspeth, NY 11378 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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54-21 48th Street, Maspeth, NY 11378 1
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Address

Primary address 54-21 48th Street
Secondary address 54-17 48th St
Neighborhood Maspeth
Zip code 11378
Borough Queens
Block & lot 02556-0001

Sales & Tax Overview for 54-21 48th Street, Maspeth

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

Purchase date 04/03/2023
Purchase price $4,440,825
Tax class
Estimated property tax $75,733

Lot & Building Information for 54-21 48th Street, Maspeth

Lot sq. ft. 13,327
Lot dimensions 140.08 ft x 95 ft
Property type Miscellaneous Warehouse (E9)
Building sqft 11,875
Building dimensions 95 ft x 125 ft
Buildings on lot 1
Stories 1
Year built 1987
Construction type
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Zoning & Use for 54-21 48th Street, Maspeth

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 1.55 Miles
Closest fire station 0.84 Miles

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

Other Property Data for 54-21 48th Street, 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 54-21 48th Street, 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 54-21 48th Street, Maspeth, NY 11378, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 54-17 48th St, Maspeth, NY 11378

About 54-21 48th Street, Maspeth

How many square feet does 54-21 48th Street, Maspeth, NY 11378 have?

This Miscellaneous Warehouse (E9) located at 54-21 48th Street, Maspeth, NY 11378 has a total of 11,875 square feet.

What is the year built & the current market value of 54-21 48th Street, Maspeth, NY 11378?

54-21 48th Street, Maspeth, NY 11378 was built in 1987 and has a current tax assessor's market value of $1,636,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 54-21 48th Street, Maspeth

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Property owner name for 54-21 48th Street, Maspeth, NY 11378
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Building contacts for 54-21 48th Street, Maspeth, NY 11378
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 54-21 48th Street, Maspeth

No photo available
54-21 48th Street
Listing type For Lease
Listing date 10/16/2024
Last updated 05/14/2026
Lot size 0.306 Acre

12,000 SQUARE FEET WAREHOUSE

1,327 SQUARE FEET PAVED PARKING LOT

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available Warehouse/Distribution Listing price not available 11,875 Tomas Shleiwet
Active Listings For This Property:
For Lease No photo available
54-21 48th Street
54-21 48th Street, Maspeth
Property Industrial
Availability 1 Spaces listed / 11875 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Past Sales & Property History for 54-21 48th Street, Maspeth

Create a free account to view the complete sales history for 54-21 48th Street, Maspeth, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/03/2023 $4,440,825

Title Documents for 54-21 48th Street, 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
09/12/2024 - D
09/17/2024 - R
Mortgage
(2024091600835001)
01/16/2024 - R UCC3 Termination
(2024010900443002)
01/10/2024 - R UCC3 Termination
(2024010800859002)
01/02/2024 - D
01/09/2024 - R
Assignment of Leases and Rents
(2024010500292004)
01/02/2024 - D
01/09/2024 - R
Agreement
(2024010500292003)
01/02/2024 - D
01/09/2024 - R
Deed
(2024010500292001)
12/26/2023 - D
01/10/2024 - R
Termination of Assign of L&R
(2024010800859001)
12/26/2023 - D
01/09/2024 - R
Assignment, Mortgage
(2024010500292002)
04/14/2023 - R UCC3 Termination
(2023041200170003)
04/11/2023 - R Initial UCC1
(2023041100082005)
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R: Recorded date
D: Document date

Property Taxes for 54-21 48th Street, Maspeth

Access detailed property tax data for 54-21 48th Street, Maspeth, NY 11378. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $71,525
Estimated property tax: $75,733
Tax assessor's market value: $1,636,000
Assessed value: $736,200

Assessment History for 54-21 48th Street, Maspeth

Here's the assessment & property tax history for 54-21 48th Street, 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 $1,636,000 $736,200 $659,340 10.848% $71,525 $71,525 +3.22%
2024/25 $1,594,000 $717,300 $643,900 10.762% $69,297 $69,297 +4.60%
2023/24 $1,561,000 $702,450 $625,462 10.592% $66,249 $66,249 +0.05%
2022/23 $1,489,000 $670,050 $621,982 10.646% $66,216 $66,216 +10.78%
2021/22 $1,235,000 $555,750 $555,750 10.755% $59,771 $59,771 -9.45%

Permits for 54-21 48th Street, Maspeth

The complete history of permits filed for 54-21 48th Street, 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
04/29/2025 Alteration
02/06/2025 Alteration
         
         
         
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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 Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station 47th St & Queens Blvd at SW Corner
Station lines 7
Distance (miles) 0.877
View subway map
Bus Routes
Name 48 ST/54 Av
Distance (miles) 0.042

Neighbors for 54-21 48th Street, Maspeth

Here are the neighbors for 54-21 48th Street, Maspeth, NY 11378.

Address Square feet Purchase date Purchase price
54-59 48th St, Maspeth 2,000 06/12/2024
55-30 46th St, Maspeth 70,500 09/17/2021 $57,250,000
54-66 48th St, Maspeth 2,500 01/02/2024
48-14 54th Ave, Maspeth 2,475 04/03/2023 $1,725,000
55-62 56th St, Maspeth 7,889 04/05/2001
57-22 49th Pl, Maspeth 04/18/2011 $25,000
57-22 57th Ave, Maspeth 88,500 04/18/2011 $11,500,000
5-00 49th St, Maspeth 143,840 01/01/2011
56-01 55th Ave, Maspeth 171,604 10/22/2008
55-64 56th St, Maspeth 7,699 10/22/1969
46-05 56th Rd, Maspeth 409,473
46-62 55th Ave, Maspeth 2,780 05/04/1993
55-05 55th Ave, Maspeth 12/18/2006 $12,000,000
56-30 49th St, Maspeth 10/01/2001
56-15 55th Dr, Maspeth 24,098 12/04/1975
2 Galasso Pl, Maspeth 38,380 04/28/2021
44-28 55th Ave, Maspeth 21,350 04/19/2010 $1,478,000
54-60 48th St, Maspeth 9,900 09/21/2018 $1,424,932
50-02 55th Ave, Maspeth 457,750 06/15/2010
56-05 55th Dr, Maspeth 56,700 07/10/1996
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