Queens » 11378 » 56th Ave » 5920 56th Ave

59-20 56th Avenue, Maspeth, NY 11378 - Property report

Also known as: 59-20 56th Ave

Property image for 59-20 56th Avenue, Maspeth, NY 11378

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Year built

1971

Lot sq. ft.

37,400

Sale price

$18,000,000

General information

Address

Primary address

59-20 56th Avenue

ZIP code

11378

Neighborhood

Maspeth

Borough

Queens

Block & lot

02689-0019

Building

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Building sq. ft.

36,400

Building dimensions

233 ft x 196 ft

Buildings on lot

Stories

Year built

1971

Building material

Sales

Sale date

06/15/2022

Sale price

$18,000,000 - M

Tax

Tax year

2026-2027

Property tax

$179,291

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

233 ft x 233.33 ft

Lot sq. ft.

37,400

Area overview

Walk score

80 /100. Very Walkable

Transit score

63 /100. Good Transit

Bike score

54 /100. Bikeable

School district

Community district

Closest police station

1.58 Miles

Closest fire station

0.59 Miles

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

Ownership

Ownership information for 59-20 56th 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 59-20 56th Avenue, Maspeth, NY 11378

Sale date	Sale price	Buyer name	Seller name
06/15/2022	$18,000,000	XXX XXXXX XXXXXX XXX	XX XXXX XXXX XXX
07/01/2019	$6,399,983	XX-XXXX XXXX XXX	X-X XXXXXX XX. #X XXX
07/18/2008	$1,734,700	XXX XXXXXXXX XXX (XX XX-XX%-XXX XX X) XXX XXX XXXXXXXX XXX XXX XXX XXXXXXXX XXX XXX XXX XXXXXXXX XXX XXX XX-X-XXXXXXXX XXX XXX XX-X XXXXXXXX X XXX XXX XX-X XXXXXXXX XXX XXX XX-X XXXXXXXX XXX XXX XXX XXXXXXXX XXX XXX XXX XXXXXXXX XXX XXX XXXX XXXXXXXXX XXXXXXXX-XX% XXX XXXXX X XXXX, XXXXXX XX XXXXX XXXX XXXXX-XX% XXX XXXXX XXXX, XXXXXXX XX XXXXXX XXXX XXXXX-XXX% XXX XXXXXXX XXXXXXXXXXXX, XXXX XXXXXX XXXX XXXXX-XX. X% XXX XXXXX XXXX, XXXXXXX XX XXXXXXXX XXXX XXXXX-XX. X% XXX XXXXXXX XXXXXXXXXXXX, XXXX XXXXXXXX XXX XXXXX-XX. X% XXX XXX XXXXXXXX XXX	XXXXX X XXXX, XXXXXXX XX XXXXX XXXX XXXXX-XX% XXX XXXXX X XXXX, XXXX XX XXXXX X XXXX XXXXX-XX% XXX XXXX, XXXX XXX XXXX XXXX, XXX X XX XX X XX XXXXX X XXXX XXX XXXXXXX (XX XX-XX% -XXX XX X) , XXXX X XXX XXXX X XXXXXXX, XXXX XX XXX XX XXXXX X XXXXXXXXX XXX XXXX X XXXXXXXXXXXXXXXXX-XXXXXXX X XXXXXXXXX XXX XX-XX XXXXX XXXXXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/28/2023 - R	UCC3 Termination (2023122600505003)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
12/28/2023 - R 12/20/2023 - D	Termination of Assign of L&R (2023122600505002)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
12/28/2023 - R 12/20/2023 - D	Satisfaction of Mortgage (2023122600505001)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
08/10/2022 - R 08/03/2022 - D	Satisfaction of Mortgage (2022080300480001)	XXXXXX XXXX XXX	XX XXXX X X
08/03/2022 - R	UCC3 Termination (2022080100911001)	XX XXXX XXXX XXX	XX XXXX X X
08/10/2022 - R 08/02/2022 - D	Termination of Assign of L&R (2022080300644001)	XXXXXX XXXX XXX	XX XXXX X X
06/24/2022 - R	Initial UCC1 (2022062200935001)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
07/05/2022 - R 06/15/2022 - D	Assignment of Leases and Rents (2022062300712003)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
07/05/2022 - R 06/15/2022 - D	Mortgage (2022062300712002)	XXX XXXXX XXXXXX XXX	XXXXXX XXXX
07/05/2022 - R 06/15/2022 - D	Deed (2022062300712001)	XX XXXX XXXX XXX	XXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 59-20 56th 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

$179,291

Municipal exemptions

Recent tax assessments

Market value

$4,005,000

Assessed value

$1,802,250

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	$3,798,000	$1,709,100	$1,543,680	10.848%	$167,458	$167,458	+2.72%
2024/25	$3,652,000	$1,643,400	$1,514,790	10.762%	$163,022	$163,022	+3.37%
2023/24	$3,532,000	$1,589,400	$1,488,870	10.592%	$157,701	$157,701	n/a
2022/23	$3,377,000	$1,519,650	$0	10.646%	$153,940	$0	n/a
2021/22	$2,793,000	$1,256,850	$0	10.755%	$135,174	$0	n/a
2020/21	$3,477,000	$1,564,650	$0	10.694%	$151,360	$0	n/a
2019/20	$3,364,000	$1,513,800	$1,337,160	10.537%	$140,897	$140,897	+4.96%
2018/19	$3,149,000	$1,417,050	$1,276,810	10.514%	$134,244	$134,244	+3.39%
2017/18	$3,160,000	$1,422,000	$1,234,920	10.514%	$129,839	$129,839	+3.32%
2016/17	$3,010,000	$1,354,500	$1,188,420	10.574%	$125,664	$125,664	+6.40%

Permits

Permit information for 59-20 56th Avenue, Maspeth, NY

Filing date	Job type	Job status	Job description	Initial cost
08/02/2023	Alteration
10/24/2022	Alteration
10/24/2022	Alteration

*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
	12/01/2021	Egrade-failure to post energy grade/score

*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

69th St & Metropolitan Ave at SW Corner

Station lines

Distance (miles)

1.315

View subway map

Access the detailed traffic volume map for 59-20 56th 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 59-20 56th Avenue, Maspeth, NY 11378?

The development at 59-20 56th Avenue, Maspeth, NY 11378 was built in 1971.

What is the market value of 59-20 56th Avenue, Maspeth, NY 11378?

The current market value of 59-20 56th Avenue, Maspeth, NY 11378 is $4,005,000.

What is the total square footage of 59-20 56th Avenue, Maspeth, NY 11378?

59-20 56th Avenue, Maspeth, NY 11378 has a total of 36,400 square feet.

What is the price per square foot for this property?

$494 per square foot is the price for 59-20 56th 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.