Executive Summary:Clinton Hall is a large format industrial, commercial, and assembly building located in Maspeth, Queens, New York. The property is offered as a real estate only sale and will be delivered without an operating business, leases, contracts, or guaranteed income. Zoned M1 and supported by a valid Certificate of Occupancy authorizing assembly use, the property offers legal certainty and flexibility for a wide range of commercial and institutional uses.Originally constructed in 1926, the building reflects a period when New York structures were designed for permanence. Its Class A fireproof concrete and steel construction, expansive open spans, and full concrete roof support large scale assembly and commercial use. The property has been family owned for generations and is widely regarded as a Maspeth landmark, having hosted significant events, live performances, and public speaking engagements over time, including appearances by Frank Sinatra and the Dalai Lama.Property Overview:The property comprises approximately 26,000 square feet of total interior space situated on a corner lot in Maspeth, Queens. The building includes a legalized basement level and is supported by Certificates of Occupancy on file with the New York City Department of Buildings. Upper levels are delivered vacant, and the property is offered free of operating businesses, leases, and contractual income, subject to the occupancy disclosure set forth herein.The structure features large open floor plates enabled by a reverse engineered mezzanine system that transfers loads through engineered trusses into the roof, eliminating the need for interior columns. Major building systems including electrical, plumbing, and roofing have been updated, reducing near term capital expenditure requirements.Location & Connectivity:The property is centrally located in Maspeth, Queens with direct access to the Long Island Expressway and Brooklyn Queens Expressway, providing convenient connectivity to Manhattan, Brooklyn, Long Island City, and regional transportation hubs.Investment highlightsAppx 26k ft'Dance HallMulti-Office Level Multiple CO UsagesLegalized Lower Floor Immediate LIE & BQE AccessAir Rights Reverse Engineered Trusses For Open Interior Updated PlumbingElectrical.RoofingValid Certificate of Occupancy for assembly useFire safe building designed for assembly occupancyM1 zoning with flexible commercial use potentialLarge contiguous floorplate suitable for owner user or single tenant useDelivered free of leases and operating businesses
56-70 58th Street | MLS# 965556
This commercial property located at 56-70 58th Street, Maspeth, NY 11378 is currently listed for sale with an asking price of $19,999,000. Search Maspeth real estate on www.laffey.com today.
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56-70 58th Street | MLS# 965556
This commercial property located at 56-70 58th Street, Maspeth, NY 11378 is currently listed for sale with an asking price of $19,999,000. Search Maspeth real estate on www.laffey.com today.