Why Maspeth?

Maspeth, Queens is a diverse and growing neighborhood that has become an increasingly popular destination for industrial real estate investment in New York City. With its mix of historic charm, convenient location, and access to major transportation routes, Maspeth has much to offer building owners looking to invest in industrial real estate.

One of the key factors driving the growth of Maspeth's industrial real estate market is the area's strategic location. Maspeth is located near several major highways and bridges, making it a convenient location for industrial businesses that require easy access to transportation routes. In addition, the neighborhood has a diverse mix of industrial spaces, including warehouses, distribution centers, and manufacturing facilities, which cater to a wide range of businesses.

Maspeth also offers a range of industrial real estate options to suit a wide range of needs and budgets. The neighborhood has a mix of newer and older buildings, with a variety of square footage and ceiling heights available. This has made it an attractive destination for businesses of all sizes and types, from small startups to established corporations.

In addition to its industrial real estate options, Maspeth offers a range of amenities that make it an attractive place to invest in industrial real estate. The neighborhood is home to several parks and green spaces, which provide opportunities for employees to relax and enjoy the outdoors. In addition, Maspeth offers easy access to public transportation, with several bus routes running through the area, making it easy for employees and customers to get around the city.

If you are a building owner looking to sell or invest in real estate in Maspeth, Queens, now is the time to act. With its strategic location, growing popularity, and diverse mix of industrial properties, Maspeth is poised for continued growth and success in the years to come. Work with a trusted real estate professional who has a deep understanding of the neighborhood's unique character and history, and explore the many opportunities that this dynamic Queens neighborhood has to offer for industrial real estate investment.

Maspeth is a thriving submarket located in the western portion of Queens that offers attractive investment opportunities for those looking to capitalize on the area's continued growth and development. The neighborhood is home to a range of commercial and industrial properties, as well as residential properties. In recent years, the area has seen a surge in real estate development, with a number of new projects taking shape.

Here are some of the notable real estate developments currently underway in Maspeth:

1. Maspeth Industrial Business Center: This industrial development, located at 58-85 Maurice Avenue, includes over 100,000 square feet of industrial space spread across five buildings. The development includes a range of high-end amenities, such as loading docks, high ceilings, and ample parking. With its prime location near major highways and mix of modern, flexible industrial space, Maspeth Industrial Business Center presents an attractive investment opportunity for those looking to capitalize on the growing demand for industrial space in Maspeth.

2. The Maspeth Hotel: This newly-constructed hotel, located at 65-15 Grand Avenue, features over 100 guest rooms spread across seven floors, as well as a range of high-end amenities, such as a fitness center, a rooftop terrace, and event space. With its prime location near LaGuardia Airport and mix of modern, luxurious accommodations, The Maspeth Hotel presents an attractive investment opportunity for those looking to capitalize on the growing demand for hospitality in Maspeth.

3. Maspeth 62: This newly-constructed residential development, located at 54-27 69th Street, features over 60 units spread across seven floors, as well as a range of high-end amenities, such as a fitness center, a resident lounge, and a landscaped rooftop terrace. With its prime location near major highways and mix of modern, flexible residential space, Maspeth 62 presents an attractive investment opportunity for those looking to capitalize on the growing demand for residential space in Maspeth.

4. The Maspeth Collective: This newly-renovated commercial building, located at 64-18 Flushing Avenue, includes over 10,000 square feet of mixed-use space spread across two floors. The building includes a range of high-end amenities, such as a tenant lounge, a fitness center, and a rooftop terrace. With its prime location near major highways and mix of modern, flexible commercial space, The Maspeth Collective presents an attractive investment opportunity for those looking to capitalize on the growing demand for mixed-use development in Maspeth.

5. The Maspeth Warehouse: This newly-renovated warehouse building, located at 48-25 36th Street, includes over 40,000 square feet of industrial and commercial space spread across two floors. The building includes a range of high-end amenities, such as loading docks, high ceilings, and ample parking. With its prime location near major highways and mix of modern, flexible industrial and commercial space, The Maspeth Warehouse presents an attractive investment opportunity for those looking to capitalize on the growing demand for industrial and commercial space in Maspeth.

These real estate developments are driving significant demand for commercial, industrial, and residential space in Maspeth, and as a result, the submarket is poised for continued growth and development in the coming years. Whether you're an investor looking to capitalize on the area's rising property values or a business looking for a prime location in the heart of Queens, Maspeth offers a wealth of opportunities for investment and growth. If you are interested in learning more about investment opportunities in Maspeth, please contact Invictus Property Advisors.