Check Availability
$1,999,000
↓ $100K (4.8%)
House - For Sale

64-02 Grand Avenue

Maspeth, NY 11378
bedrooms
Studio
bathrooms
0 Bath
$10,359
Estimated Monthly
$0
HOA / Fees
1.40%
Cap Rate

About This Property

PURCHASE A Solid 3-STORY MIXED USE Property In Maspeth. This Spectacular Corner Building Offers Two Residential Apartments (Each Featuring Three Spacious Bedrooms) & Two Retail Spaces. It Is A Corner Brick Building With Oversized Windows For An Incredible Retail Visibility. Situated Right Where Grand Ave Intersects With Flushing Ave, Maspeth Ave & 64th Street. Although The Building Is Currently 100% Occupied It Presents A Tremendous Opportunity For Owner-Users And Investors Alike. The New Owner Will Enjoy Flexibility To Maintain Existing Operations And Benefit From The Stability Of A Current Cash Flow Or Upgrade The Units And Push The Future Leases To A Full Market Potential.
Unit Size
-
Days on Market
209 days
Land Size
0.04 acres
Price per sqft
-
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1923
Listed By
Kaszuba Jaroslaw
Exit All Seasons Realty
Last updated: 5 months ago (OneKey MLS #ONE3507921)

Price History

Date / Event Date Event Price
Dec 14, 2023 Price Decreased $1,999,000
↓ $100K (4.8%)
Price Decreased
Nov 22, 2023 Price Decreased $2,099,000
↓ $401K (16%)
Price Decreased
Oct 3, 2023 Listed by Exit All Seasons Realty $2,500,000
Listed by Exit All Seasons Realty
PURCHASE A Solid 3-STORY MIXED USE Property In Maspeth. This Spectacular Corner Building Offers Two Residential Apartments (Each Featuring Three Spacious Bedrooms) & Two Retail Spaces. It Is A Corner Brick Building With Oversized Windows For An Incredible Retail Visibility. Situated Right Were Grand Ave Intersects With Flushing Ave, Maspeth Ave & 64th Street. Although The Building Is Currently 100% Occupied It Presents A Tremendous Opportunity For Owner-Users And Investors Alike…

Property Highlights

Exterior Details

Property Information

Square Footage : 3366
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1923

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Lot Size Dimensions: 22.33x78
Financial Details
Tax Annual Amount: $6,520

Building Info

Overview

    General

  • Year Built: 1923
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 4
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,742
  • Lot Size Depth Feet: 78
  • Lot Size Frontage Feet: 22
  • Building Depth: 51
  • Building Frontage: 22
  • Gross Building Area: 3,300

    Building Floor Area

  • Residential Building Floor Area: 2,200
  • Commercial Building Floor Area: 1,100
  • Retail Building Floor Area: 1,100

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: S9
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 2

Neighborhood

  • Community District: 405
  • City Council District: 30
  • Police Precinct: 104
  • Fire Company: Q288
  • Health Area: 1700
  • Sanitation District Borough: 4
  • Sanitation Subsection: 1E
  • School District: 24

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5B
  • Zoning Commercial Overlay 1: C1-3

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 2751
  • Lot: 21
  • Borough Block Lot: 4027510021

    Address

  • Full Address: 64-02 Grand Avenue
  • Zip Code: 11378

Valuation

    Assessments Valuation

  • Assessed Total Value: $245,250
  • Assessed Land Value: $85,950

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
-
$1,888,000 Feb 8, 2022
$1,888,000 Jul 18, 2022
$1,314/mo
Commercial
Loft
-
-
$1,800,000 Oct 7, 2019
$1,800,000 Dec 30, 2020
$788/mo
Commercial
Loft
-
-
$1,650,000 Jun 22, 2021
$1,650,000 Mar 21, 2022
-
Commercial
Loft
-
-
$1,620,000 Oct 12, 2021
$1,620,000 May 19, 2022
-
Multifamily
8 Beds
5 Baths
-
$1,720,000 Mar 29, 2022
$1,720,000 Aug 5, 2022
$800/mo
Multifamily
5 Beds
4 Baths
-
$1,615,000 Jan 26, 2021
$1,615,000 Sep 29, 2021
$871/mo
House
Stu
-
-
$2,075,000 Oct 1, 2019
-
$2,653/mo
House
Stu
-
-
$2,199,000 Mar 1, 2023
-
$1,891/mo
House
3 Beds
3 Baths
-
$1,650,000 Sep 25, 2023
-
$860/mo
Multifamily
7 Beds
5 Baths
-
$1,995,000 Dec 8, 2023
-
$756/mo
Multifamily
6 Beds
3 Baths
-
$1,950,000 Mar 30, 2023
-
$783/mo
Multifamily
8 Beds
6 Baths
-
$2,100,000 Aug 19, 2023
-
$1,339/mo

About Northwestern Queens


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Frequently Asked Questions

When was property at 64-02 Grand Avenue built and last sold?
The property at 64-02 Grand Avenue was built in 1923 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 64-02 Grand Avenue is $2,018,990.
What are some comparable homes to 64-02 Grand Avenue?
Homes that are comparable to 64-02 Grand Avenue include a house property at 70-19 Grand Avenue, 61-48 Woodbine Street, 59-25 69th Lane.

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