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.
Quick Profile
From Irish enclave to modern day melting pot, Woodside Queens is an affordable working-class neighborhood with a laid-back vibe.
Woodside is bordered by Elmhurst to the east, Astoria to the west, Jackson Heights to the northeast and Long Island City to the south.
According to many residents, one of the perks of living in the neighborhood is the short train commute to Manhattan and Grand Central Station. What Woodside lacks in attractions, it certainly makes up for it with fun bars and pubs, coffee shops, parks, and food spots. Especially the endless variety of ethnic food establishments throughout the neighborhood.
Queens is already the epicenter of ethnic food. So, it’s no surprise that there are many culinary treasures in Woodside. Especially when it comes to Filipino food. Little Manilla, as it's affectionately known as, begins at 63rd Street on Roosevelt Avenue and extends to 71st. You’ll find Filipino markets and restaurants selling everything from comfort food to traditional Filipino ingredients. Make sure you come hungry.
Woodside has always been a melting pot. Irish, Italian and German immigrants flocked to the neighborhood in the early 20th century. In recent years, Asian and Latin immigrants have joined the population.
As of lately, the neighborhood has attracted people looking to get a little more bang for their buck as well as those who have been priced out of nearby areas like Sunnyside and Long Island City. Most Woodside residents rent and a smaller portion of them own.
When it comes to housing stock, you’ll find a little bit of everything in Woodside. Standalone houses, large apartment buildings, towering co-ops and 2 and 3 story detached homes are common.
The neighborhood has not seen an explosion of growth in new and modern construction yet so there are some good deals to be had. The average listed price is $419,000 while the median listed price is $372,000.
Woodside's main commercial artery is Roosevelt Avenue, which has always been a busy thoroughfare. Irish bars, Italian bakeries, mom and pop stores of every type share the commercial space. The rumbling subway passes overhead on the elevated track and adds a little grittiness to it all.