5954 Grand AVE, Maspeth, NY 11378
5954 Grand AVE, Maspeth, NY 11378
5954 Grand AVE, Maspeth, NY 11378
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$2,199,000
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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 504846

Year Built 1950

Annual Tax Amount $3,799

Property Sub-Type Land

Property Description

Maspeth Development Opportunity: 9,679 SQ FT Pre-Subdivided Through Lot (Zoned R4-1) SOLD AS A PACKAGE: 59-49 58th Road (B: 2697-L: 93, features 1 family), 59-54 Grand Ave (B: 2697-L: 21, features garage), and 59-51 58th Road (aka 59-53 58th Road B: 2697-L: 92, vacant) in Maspeth, Queens. This is a premier street-to-street footprint that completely bridges: 58th Road and Grand Avenue. With a total lot size of 9,679 square feet and flexible R4-1 zoning, the property offers massive development and multi-unit construction potential. Because the package is already split into three distinct tax lots, you completely bypass the typical subdivision bureaucracy. The unique through-lot layout provides excellent dual street frontage, simplifying construction access and staging. Build out the site for maximum yield or execute a flexible multi-phase exit strategy immediately. Total Tax: $10,901

Location

State NY

County Queens

Area Maspeth

Zoning R4-1

Others

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by Exit All Seasons Realty

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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