Rare Prime light industrial redevelopment opportunity in the heart of Maspeth. Situated on a 3,400 sq. ft. lot (40’ x 85’) with M2-1 zoning, this property offers a maximum buildable potential of approximately 6,800 sq. ft. (FAR 2.0). Currently improved by an 800 sq. ft. structure, the site is ideal for a custom-built warehouse, distribution center, or light manufacturing facility. Exceptional location with strategic access to major transport arteries. Delivered vacant. All redevelopment potential should be independently verified by a licensed architect or zoning expert.
Cooling:
Wall/Window Unit(s)
Parking:
Detached, Driveway, Garage, Private
Utilities
Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
5438 46th Street, Maspeth, NY, 11378
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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