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$2,701,875
List Price: $2,750,000
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72-17 Grand Avenue #DEVSITE
Townhouse in Maspeth •  building info
30bd • 20.5ba
Buy with Yoreevo

$2,701,875

List Price

$2,750,000

Key Details
Days on market
10
Last price change
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Estimated payment
$17,107/mo
Taxes
$2,268/mo
Maintenance
N/A
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.

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Pets allowed
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Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.0 %
Mortgage Amount
$2,475,000
Mortgage Payment
$14,839
Taxes
$2,268
Estimated Yoreevo rebate
$48,125
Estimated closing cost
$100,000
Total monthly cost $17,107
Buy your dream home with us and get an estimated $48,125 rebate.
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to a minimum commission.
Listing Courtesy of Serhant

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