APP Real Estate
For sale

📍 56-70 58th ST, Maspeth, NY 11378, New York, USA

Commercial Building for Sale in Maspeth, NY, US

$14,900,000

Overview
  • Size: 2415.48 m²
  • Price: $14,900,000
Description

Clinton Hall is a rare, large-scale assembly industrial and manufacturing building located at 56 60 to 56 70 58th Street, in Maspeth, Queens. Offered as a real estate sale, the property will be delivered vacant without an operating business, leases, contracts, or guaranteed income, presenting a true blank canvas for owner-users, investors, institutions, or redevelopment strategies. Originally constructed in 1926, the building reflects an era of permanence and structural integrity.

Built with Class A fireproof concrete and steel and supported by a full concrete roof system, the structure was designed to accommodate large-scale assembly occupancy. Its expansive open floor plates are enabled by a reverse-engineered mezzanine system that transfers loads through engineered trusses to the roof, eliminating the need for interior columns and creating a large-span usable space. The property contains approximately 26,000 sq ft of total interior space, including a legal basement, and is supported by Certificates of Occupancy filed with the NYC Department of Buildings.

The existing Certificate of Occupancy authorizes assembly use, providing legal certainty and flexibility for a wide range of commercial, institutional, and light manufacturing uses within its M1 zoning designation. The upper levels are delivered vacant. The lower level is currently occupied without a written lease, and no rental income is being represented or guaranteed in this offering, but the buyer is free to evaluate the occupancies and offer a continuation as it has been a positive occupancy. The asset is offered free and clear of leases, operating businesses, and contractual income.

Key building systems, including electrical, plumbing, and roofing, have been updated, reducing near-term capital expenditure requirements. The structure was originally designed for assembly occupancy and incorporates fireproof construction, existing egress means, and life safety systems designed to support large-scale use. Buyers should independently verify current compliance and permitted occupancy.

Strategically located in Maspeth with direct access to the Long Island Expressway and Brooklyn Queens Expressway, the property offers strong connectivity to Manhattan, Brooklyn, Long Island City, and regional transportation hubs. Clinton Hall has been family-owned for generations and is widely regarded as a Maspeth landmark, having hosted significant events and live performances over the decades. This is a rare opportunity to acquire a legally compliant, large-scale assembly asset in Queens, delivered free and clear of operational encumbrances.

Please note the small highlighted area of the published survey, denoting a future lot subdivision of 19 ft width.

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