Queens » 11378 » 48th St » 5703 48th St

57-03 48th Street, Maspeth, NY 11378 - Property report

Also known as: 57-03 48th St

Property image for 57-03 48th Street, Maspeth, NY 11378

Property type

Fireproof Warehouse (E1)

Year built

1986

Lot sq. ft.

67,022

Sale price

$11,000,000

General information

Address

Primary address

57-03 48th Street

Alternate address(es)

58-07 48th St

ZIP code

11378

Neighborhood

Maspeth

Borough

Queens

Block & lot

02602-0090

Building

Property type

Fireproof Warehouse (E1)

Building sq. ft.

42,064

Building dimensions

194 ft x 206 ft

Buildings on lot

Stories

Year built

1986

Last altered

2017

Building material

Sales

Sale date

01/19/2010

Sale price

$11,000,000

Tax

Tax year

2026-2027

Property tax

$229,455

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

216.2 ft x 310 ft

Lot sq. ft.

67,022

Area overview

Walk score

32 /100. Car-Dependent

Transit score

58 /100. Good Transit

Bike score

40 /100. Somewhat Bikeable

School district

Community district

Closest police station

1.50 Miles

Closest fire station

0.44 Miles

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

Ownership

Ownership information for 57-03 48th Street, Maspeth, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 57-03 48th Street, Maspeth, NY 11378

Sale date	Sale price	Buyer name	Seller name
01/19/2010	$11,000,000	XXXXXXXXXX XX X	XX-XX XXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/28/2025 - R 04/07/2025 - D	Satisfaction of Mortgage (2025042800416001)	XXXXXXXXXX XXX	XXXX XXXX XXXXXX XXX
01/26/2010 - R 01/19/2010 - D	Mortgage (2010012201179002)	XXXXXXXXXX XX X	XXXX XXXX XXXXXX XXX
01/26/2010 - R 01/19/2010 - D	Deed (2010012201179001)	XXXX XXXX XXXXXX XXX	XXXXXXXXXX XX X
06/10/2003 - R 02/20/2003 - D	Deed, Other (2003032601408001)	XXXXXXX XXXXX	XXXX XXXX XXXXXX XXX
07/07/1999 - R	Satisfaction of Mortgage (4820006710282)		XXXX XXXXX XXX
02/23/1998 - R	Agreement (4120005946612)
12/30/1992 - R	Mortgage (4340002907034)	XXXXXXX XXXXX	XXXX XXXXX XXX
12/30/1992 - R	Deed (4330002907033)	XXXX XXXXX XXX	XXXXXXX XXXXX
02/08/1990 - R	Certificate (4620002637262)	XXX XXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 57-03 48th 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

$229,455

Municipal exemptions

Recent tax assessments

Market value

$5,100,000

Assessed value

$2,295,000

More about New York City property taxes

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	$5,030,000	$2,263,500	$1,966,500	10.848%	$213,326	$213,326	+3.70%
2024/25	$4,983,000	$2,242,350	$1,911,420	10.762%	$205,707	$205,707	+4.46%
2023/24	$4,247,000	$1,911,150	$1,859,130	10.592%	$196,919	$196,919	-0.16%
2022/23	$4,142,000	$1,863,900	$1,852,650	10.646%	$197,233	$197,233	+18.19%
2021/22	$3,448,000	$1,551,600	$1,551,600	10.755%	$166,875	$166,875	-15.29%
2020/21	$4,418,000	$1,988,100	$1,842,210	10.694%	$197,006	$197,006	+14.38%
2019/20	$4,202,000	$1,890,900	$1,634,580	10.537%	$172,236	$172,236	+9.21%
2018/19	$3,975,000	$1,788,750	$1,499,940	10.514%	$157,704	$157,704	+9.38%
2017/18	$3,761,000	$1,692,450	$1,371,294	10.514%	$144,178	$144,178	+9.16%
2016/17	$3,313,000	$1,490,850	$1,249,072	10.574%	$132,077	$132,077	+9.07%

Permits

Permit information for 57-03 48th Street, Maspeth, NY

Filing date	Job type	Job status	Job description	Initial cost
08/26/2020	Alteration
08/26/2020	Alteration
09/08/2017	Alteration type 2
09/08/2017	Alteration type 2
06/28/2017	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	08/02/2022	Bench-failure to benchmark none
	08/02/2019	Bench-failure to benchmark none
	05/02/2019	Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Jefferson St & Wyckoff Ave at NW Corner

Station lines

Distance (miles)

0.917

View subway map

Access the detailed traffic volume map for 57-03 48th 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

Neighbors for 57-03 48th Street, Maspeth, NY

57-00 49th Pl, Maspeth 51-01 Grand Ave, Maspeth 52-09 Grand Ave, Maspeth 57-10 49th Pl, Maspeth 58-60 Page Pl, Maspeth 57-57 47th St, Maspeth 48-80 Maspeth Ave, Maspeth 58-26 47th St, Maspeth 58-20 47th St, Maspeth 57-47 47th St, Maspeth 57-45 47th St, Maspeth 58-35 47th St, Maspeth 56-70 58th St, Maspeth 56-96 49th Pl, Maspeth 57-48 49th Pl, Maspeth 47-01 48th St, Woodside 48-86 Maspeth Ave, Maspeth 57-52 49th Pl, Maspeth 58-08 48th St, Maspeth

Frequently asked questions

What is the year built for 57-03 48th Street, Maspeth, NY 11378?

The development at 57-03 48th Street, Maspeth, NY 11378 was built in 1986.

What is the market value of 57-03 48th Street, Maspeth, NY 11378?

The current market value of 57-03 48th Street, Maspeth, NY 11378 is $5,100,000.

What is the total square footage of 57-03 48th Street, Maspeth, NY 11378?

57-03 48th Street, Maspeth, NY 11378 has a total of 42,064 square feet.

What is the price per square foot for this property?

$261 per square foot is the price for 57-03 48th Street, Maspeth, NY 11378.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.