72-17 Grand Ave Unit DEVSITE, Queens, NY 11378

Property Description

72-17 / 72-19 Grand Avenue Maspeth, Queens A rare two-lot corner assemblage on one of Maspeth's most active commercial corridors. Zoned R6B/C1-3, this contiguous development site offers approximately 12,000 buildable square feet of mixed-use potential. (For the right buyer, the upside goes well beyond the base envelope. With additional air rights and assemblage potential in place, the site could support over 24,500 buildable square feet. Inquire within for details.) The combined footprint unlocks a ground-floor retail program beneath a full residential build, positioning the right developer to capitalize on a neighborhood where demand continues to outpace supply. Maspeth remains one of the last true value plays in Queens, buffered by Ridgewood to the east, Woodside to the north, and the rapid appreciation of Long Island City to the northeast. Transit, highway access, and a dense residential base are all in place. The M Train, BQE, and LIE put this site within minutes of Midtown Manhattan and the broader metro area, making it equally attractive to end-users and institutional capital. Offered at $2,750,000. Offering Memorandum available upon request.