New York City » 11378 » Maspeth Ave » 5602 Maspeth Ave

56-02 Maspeth Avenue, Maspeth, NY 11378 - Property report

Also known as: 56-02 Maspeth Ave

Property image for 56-02 Maspeth Avenue, Maspeth, NY 11378

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Year built

1954

Lot sq. ft.

58,951

Sale price

$20,000,000

General information

Address

Primary address

56-02 Maspeth Avenue

Alternate address(es)

56-10 Maspeth Ave

ZIP code

11378

Neighborhood

Maspeth

Borough

Queens

Block & lot

02610-0524

Building

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Building sq. ft.

150,000

Building dimensions

125 ft x 400 ft

Buildings on lot

Stories

Year built

1954

Building material

Sales

Sale date

11/21/2014

Sale price

$20,000,000 - M

Tax

Tax year

2026-2027

Property tax

$536,019

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

140 ft x 415 ft

Lot sq. ft.

58,951

Area overview

Walk score

72 /100. Very Walkable

Transit score

59 /100. Good Transit

Bike score

54 /100. Bikeable

School district

Community district

Closest police station

1.59 Miles

Closest fire station

0.68 Miles

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

Ownership

Ownership information for 56-02 Maspeth Avenue, 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 56-02 Maspeth Avenue, Maspeth, NY 11378

Sale date	Sale price	Buyer name	Seller name
11/21/2014	$20,000,000	XXXXXXXX XXXXXXXXXXX, XXX	XX-XX XXXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/20/2024 - R	UCC3 Continuation (2024081900874001)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX X XXXXXXXXXX XXXXXXX XXXX
09/11/2019 - R	UCC3 Continuation (2019090901173001)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX X XXXXXXXXXX XXXXXXX XXXX
12/22/2014 - R	Initial UCC1 (2014121801358001)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX X XXXXXXXXXX XXXXXXX XXXX
12/01/2014 - R	UCC3 Termination (2014120100915001)	XXXX XXXXXX XXXXXXX XXX	XXXXXXXXX XXXX
12/09/2014 - R 11/21/2014 - D	Assignment of Leases and Rents (2014120100657005)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX
12/09/2014 - R 11/21/2014 - D	Agreement (2014120100657004)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX
12/09/2014 - R 11/21/2014 - D	Mortgage (2014120100657003)	XXXXXXXX XXXXXXXXXXX XXX	XXXXXX XXXX
12/09/2014 - R 11/21/2014 - D	Deed (2014120100657001)	XXXX XXXXXX XXXXXXX XXX	XXXXXXXX XXXXXXXXXXX XXX
12/08/2014 - R 11/13/2014 - D	Termination of Assign of L&R (2014120100886001)	XXXXXXXXX XXXX	XXXX XXXXXX XXXXXXX XXX
12/09/2014 - R 11/13/2014 - D	Assignment, Mortgage (2014120100657002)	XXXXXXXXX XXXX	XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 56-02 Maspeth 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

$536,019

Municipal exemptions

Recent tax assessments

Market value

$12,037,000

Assessed value

$5,416,650

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	$11,348,000	$5,106,600	$4,435,830	10.848%	$481,199	$481,199	+6.78%
2024/25	$9,529,000	$4,288,050	$4,187,250	10.762%	$450,632	$450,632	+4.37%
2023/24	$11,391,000	$5,125,950	$4,076,190	10.592%	$431,750	$431,750	+6.95%
2022/23	$10,597,000	$4,768,650	$3,792,060	10.646%	$403,703	$403,703	+29.89%
2021/22	$6,422,000	$2,889,900	$2,889,900	10.755%	$310,809	$310,809	-21.77%
2020/21	$8,586,000	$3,863,700	$3,715,200	10.694%	$397,303	$397,303	+3.44%
2019/20	$8,295,000	$3,732,750	$3,645,271	10.537%	$384,102	$384,102	+1.63%
2018/19	$8,234,000	$3,705,300	$3,594,781	10.514%	$377,955	$377,955	+4.86%
2017/18	$8,184,000	$3,682,800	$3,428,281	10.514%	$360,449	$360,449	+3.58%
2016/17	$7,981,000	$3,591,450	$3,290,851	10.574%	$347,975	$347,975	+23.92%

Permits

Permit information for 56-02 Maspeth Avenue, Maspeth, NY

Filing date	Job type	Job status	Job description	Initial cost
08/25/2023	Alteration
07/07/2023	Alteration
07/07/2023	Alteration
07/22/2022	Alteration
03/06/2018	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
	09/23/2024	Hblvio-high pressure boiler boiler required
	09/23/2024	Lblvio-low pressure boiler boiler required
	09/23/2024	Hblvio-high pressure boiler boiler required

*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)

1.133

View subway map

Access the detailed traffic volume map for 56-02 Maspeth 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

Neighbors for 56-02 Maspeth Avenue, Maspeth, NY

58-94 54th St, Maspeth 49-00 Grand Ave, Maspeth 52-02 Grand Ave, Maspeth 52-09 Grand Ave, Maspeth 51-01 Grand Ave, Maspeth 57-00 49th Pl, Maspeth 58-60 Page Pl, Maspeth 57-10 49th Pl, Maspeth 47-10 Grand Ave, Maspeth 58-30 57th St, Maspeth 47-47 Metropolitan Ave, Ridgewood 52-19 Flushing Ave, Maspeth 57-48 49th Pl, Maspeth 56-96 49th Pl, Maspeth 48-00 Grand Ave, Maspeth 59-12 54th St, Maspeth 59-08 54th St, Maspeth 57-52 49th Pl, Maspeth 48-86 Maspeth Ave, Maspeth

Frequently asked questions

What is the year built for 56-02 Maspeth Avenue, Maspeth, NY 11378?

The development at 56-02 Maspeth Avenue, Maspeth, NY 11378 was built in 1954.

What is the market value of 56-02 Maspeth Avenue, Maspeth, NY 11378?

The current market value of 56-02 Maspeth Avenue, Maspeth, NY 11378 is $12,037,000.

What is the total square footage of 56-02 Maspeth Avenue, Maspeth, NY 11378?

56-02 Maspeth Avenue, Maspeth, NY 11378 has a total of 150,000 square feet.

What is the price per square foot for this property?

$133 per square foot is the price for 56-02 Maspeth Avenue, 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.