Maspeth, NY
Commercial Real Estate Market Trends & Data

$576 Avg asking sale price
$1,444 Avg asking lease rate
32,229 SF Avg unit lease size
15,646 SF Avg building size for sale
6.74% Average cap rate

Maspeth's Demographic Profile

Maspeth has 10,594 households and a median income of $83,684, providing context for rent absorption and tenant demand across retail and multifamily assets. A -11% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 30,892
# Households 10,594
Median age 42
Median household income $83,684
Avg household size 3.0
Renter-occupied housing units 5,732
5-year population change -11%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Maspeth, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Maspeth $580 8,851 SF 7.00%
Sunnyside $502 3,729 SF 7.31%
Elmhurst $657 3,713 SF 8.90%
Woodside $634 5,476 SF 7.31%
Middle Village $499 2,906 SF 8.90%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $397 20,894 SF 6.45%
Woodside $620 13,310 SF 7.00%
Middle Village $399 23,782 SF 6.45%
Nearby Retail Markets Avg Cost/SF Typical Size
Maspeth $503 20,314 SF
Sunnyside $782 3,026 SF
Elmhurst $775 5,931 SF
Woodside $784 5,755 SF
Middle Village $662 7,553 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Maspeth $609 6,027 SF 7.27%
Sunnyside $571 4,833 SF 7.77%
Elmhurst $488 9,503 SF 8.50%
Woodside $507 9,457 SF 7.77%
Middle Village $583 8,364 SF 7.42%

Commercial Properties For Sale in Maspeth

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4-70 Fairview Avenue, Ridgewood

Ridgewood, NY 11385

  • 2,200 SF Multifamily
  • $1,400,000
For Sale

19-37 Greene Avenue, Ridgewood

Ridgewood, NY 11385

  • 2,356 SF Multifamily
  • $1,400,000
For Sale

Clinton Hall Palace Building and Lot

Maspeth, NY

  • $19,999,000
For Sale

6114 56th Dr

Maspeth, NY 11378

  • 1,332 SF Multifamily
  • $859,000
For Sale

5263 65th Pl

Maspeth, NY 11378

  • 2,880 SF Multifamily
  • $1,650,000
For Sale

561 Fairview

Ridgewood, NY 11385

  • 2,708 SF Multifamily
  • 5.61% Cap Rate
  • $1,799,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Maspeth pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Maspeth $576 15,646 SF
Sunnyside $569 8,769 SF
Elmhurst $613 9,493 SF
Woodside $616 9,747 SF
Middle Village $592 10,900 SF

Multifamily Properties For Sale in Maspeth

For Sale

Essex Court

Ridgewood, NY 11385

  • 15,200 SF Multifamily
  • 7.27% Cap Rate
  • $2,800,000

Regional Demographic Comparison

This comparison places Maspeth alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Maspeth or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Maspeth 30,892 10,594 42 $83,684 3 5,732 -11%
Sunnyside 47,937 19,857 41 $74,377 2 16,255 -3%
Elmhurst 126,412 41,334 42 $67,272 3 27,590 -8%
Woodside 86,100 30,707 41 $66,745 3 22,003 -6%
Middle Village 31,944 11,887 46 $87,852 3 5,498 -9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Maspeth, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Maspeth

View All Commercial Real Estate For Sale in Maspeth
Is Maspeth a good market for a first-time commercial real estate investor?

Maspeth offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Maspeth?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Maspeth. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Maspeth?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Maspeth. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Maspeth compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Maspeth. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Maspeth acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Maspeth, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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