Maspeth

$50.15 Million In Financing Secured For Two-Property Industrial Portfolio In Maspeth, Queens

7:00 am on October 18, 2026 By Max Gillespie

Financing has been arranged for a two-property industrial portfolio in Maspeth, Queens. Lake Forest Bank & Trust Company, N.A. supplied the $50.15 million in debt, which JLL’s Capital Markets group arranged on behalf of Sitex Group and a diversified global investment management firm. The financing comprises a $39.4 million loan for 58-80 Borden Avenue and a $10.75 million loan for 54-12 48th Street. The portfolio spans a combined 182,511 square feet of land and is 100 percent leased, with both properties positioned near the Long Island Expressway and the Brooklyn-Queens Expressway.

Governor Hochul Announces Completion of Maspeth Park in Queens

7:30 am on October 21, 2023 By Max Gillespie

Governor Kathy Hochul has announced the opening of Maspeth Park, a $17.8 million project in Queens. This new facility is the first of its kind in the western part of Maspeth, located near the Kosciuszko Bridge at the intersection of 43rd Street and 54th Road. It is accessible from both the Sunnyside and West Maspeth neighborhoods.

Permits Filed for 60-33 Eliot Avenue in Maspeth, Queens

6:30 am on March 27, 2021 By Vanessa Londono

Permits have been filed for a three-story mixed-use building at 60-33 Eliot Avenue in Maspeth, Queens. Located at the intersection of 60th Place and Eliot Avenue, the corner lot is closest to the Metropolitan Avenue subway station, serviced by the M train. Claire Reid is listed as the owner behind the applications.

Permits Filed for 73-25 57th Avenue in Maspeth, Queens

7:00 am on January 22, 2020 By Vanessa Londono

Permits have been filed for a three-story community facility building at 73-25 57th Avenue in Maspeth, Queens. Located between 73rd Place and 74th Street, the lot is closest to the Woodhaven Boulevard subway station, serviced by the E, M, and R trains. Anthony Cardinale of New York Insulation, Inc. is listed as the owner behind the applications.

770,000-Square Foot Grand Logistics Center Coming 56-19 Grand Avenue in Maspeth, Queens

7:00 am on December 1, 2018 By Vanessa Londono

LBA Logistics and RXR Realty have big plans for a 770,000-square foot, multistory logistics center in Maspeth, Queens. A 71,000-square-foot single-story warehouse with 6.5 acres of fleet parking and storage is currently extant at 56-19 Grand Avenue. The new structure will feature 21-foot ceiling heights and nine interior dock positions, and can accommodate a variety of vehicles and equipment. It is already available for lease, with occupancy starting in the second quarter of 2019.

Developer Re-Files Plans for Eight-Unit Residential Project at 48-31 65th Street, Maspeth

10:00 am on January 12, 2017 By Reid Wilson

A new developer, doing business as an anonymous Elmhurst-based LLC, is taking over the eight-unit residential development planned at 48-31 through 48-37 65th Street, located in the northern end of Maspeth. New building applications were also filed for four two-story, two-unit residential buildings, closely resembling filings submitted in 2015 by the previous developer. The latest plans call for each two-family building to measure 2,892 square feet. Across all four, the apartments should average 900 square feet apiece. Chang Hwa Tan’s Flushing-based architecture firm is the architect of record. The 8,008-square-foot property is vacant.

Mixed-Use Development Considered for Industrial Site at 57-46 56th Street, Maspeth

6:00 am on December 15, 2016 By Reid Wilson

The Chetrit Group is in the early stages of planning for a mixed-use project that would rise on the irregularly-shaped, eight-acre property at 57-46 56th Street, in Maspeth. The developer previously sat down with local elected officials to discuss rezoning the property for residential units, according to Crain’s, which would trigger the city’s Uniform Land Use Review Procedure (ULURP), as the site is currently located within an Industrial Business Zone (IBZ) and zoned for manufacturing. Nothing yet has been formally proposed. Multiple low-rise industrial warehouses occupy the property.

Four Three-Story Buildings With 11 Residential Units Coming To 53-62 61st Street, Maspeth

6:00 am on October 20, 2016 By Reid Wilson

Midtown South-based Shimon Properties has filed applications for four three-story, two-to-three-unit residential buildings at 53-60 – 53-68 61st Street, located on the corner of 54th Avenue in Maspeth. Three of the buildings will measure 3,640 square feet each and contain three apartments apiece. The fourth building will measure 4,360 square feet and will feature 1,270 square feet of medical offices on the ground floor, followed by two apartments on the floors above. Across all four buildings, the units should average 870 square feet apiece. David Nagan’s Fresh Meadows-based King David Architecture is the architect of record. The 10,823-square-foot assemblage is occupied by two single-story rowhouses. Demolition permits were filed in August.

11-Story 70-32 Queens Boulevard, at Border of Maspeth and Elmhurst, Now Stands as Area’s Tallest

3:00 pm on August 11, 2016 By Vitali Ogorodnikov

Some of the most densely populated neighborhoods in Queens are nestled along its eponymous central arterial roadway, 7.2-mile-long Queens Boulevard. However, around its midsection, between Grand Avenue/Broadway to the east and Greenpoint Avenue/Roosevelt Avenue to the west, the subway temporarily veers north of the 200-foot-wide the thoroughfare. This portion is much less developed than neighborhoods on either side. Apart from a dense residential cluster in central Woodside, almost all of this stretch is decidedly anti-pedestrian and thinly developed, replete with low-slung commercial properties, such as auto shops and parking lots. The 11-story, residential Elmhurst Building, on which construction is wrapping up at 70-32 Queens Boulevard, now stands as the tallest on a two-mile stretch of the boulevard between Rego Park and Woodside. Although modestly-sized by the standards of the city skyline, the solitary stack towers like a Saguaro cactus over a desert. However, change is in the air as a wave of development is sweeping the area. Enabled by a 2006 neighborhood upzoning and fueled by an acute housing shortage, the new projects will transform the barren district into the urban neighborhood that it ought to be.

After Decades, Vacant Lot Finally Filled by Rowhome, at 55-35 Metropolitan Avenue, on Ridgewood/Maspeth Border

6:30 am on July 14, 2016 By Vitali Ogorodnikov

City blocks on the fringes between Queens and Brooklyn tend to be densely built out with low-rise, pre-war housing stock, leaving few empty lots for ground-up development. One such lot at 55-35 Metropolitan Avenue, which separates the neighborhoods of Ridgewood to the south and Maspeth to the north, has sat empty for more than half a century. The new rowhouse, developed by Shaoyun Chen, stands three stories tall, its plain cornice rising slightly above its neighbors. Permits list two residential units taking up 2,396 square feet of the 5,643-square-foot structure. A 1,623-square-foot retail space is located at the lower floor. Though the retail space would be the only one of its kind on the wholly-residential block, it is not out of place, given that most buildings on the other side of the street have ground level retail, as well. The building occupies 60 percent of its site, leaving space for a 35-foot yard in the rear.

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