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Property Description
Clinton Hall is a rare large format industrial and assembly building located at 56 60 to 56 70 58th Street in Maspeth, Queens. Offered as a real estate only sale, the property will be delivered without an operating business, leases, contracts, or guaranteed income, presenting a true blank canvas opportunity 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 construction and supported by a full concrete roof system, the structure was designed to accommodate large scale assembly occupancy. Its expansive open floorplates are enabled by a reverse engineered mezzanine system that transfers loads through engineered trusses into the roof, eliminating the need for interior columns and creating wide span usable space. The property contains approximately 26,000 square feet of total interior space, including a legalized basement level, and is supported by Certificates of Occupancy on file with the New York City 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. 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 tenancies and offer a continuation, as it has been a positive occupancy. The asset is otherwise offered free of leases, operating businesses, and contractual income. Major building systems, including electrical, plumbing, and roofing, have been updated, reducing near term capital expenditure requirements . The structure was originally conceived for assembly occupancy and incorporates fire safe construction, existing means of egress, and life safety systems designed to support large scale use . Purchasers should independently verify current compliance and allowable 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 operating encumbrances
Full Property Details
Full Property Details for 56-70 58th St
General
- Price: $14,900,000
- Taxes: $100,757
- Status: Active
- Type: Industrial
- Source: Long_Island
- MLS ID: 965556
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Variety
Location
- County: Queens
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stone
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 26000
- Square Feet: 26,000
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.9653
- Lot Size (Sq. Ft.): 42,048
- Zoning: M1-1
Financial Considerations
- Tax Amount: $100,757.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 02577-0025
Listed by Esquire Realty Ciaramella & Co
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Schools
Schools serving 56-70 58th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
ACE Academy for Scholars at the Geraldine Ferraro Campus 55-20 Metropolitan Ave, Queens, NY 11385 | K-5 | 0.8 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 1.3 mi |
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56-70 58th St
Date
Details
Price
Change
Source
2/27/2026
Listed
$14,900,000
158.01%
MLS
6/25/2020
Sold
$5,775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 56-70 58th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$99,173
3%
$921,510
-6%
2024
$96,243
5%
$984,600
14%
2023
$91,267
6%
$861,660
-5%
2022
$85,955
7%
$905,850
20%
2021
$80,558
6%
$755,550
-20%
2020
$76,312
-6%
$949,500
6%
2019
$81,528
17%
$894,600
9%
2017
$69,578
—
$821,250
5%
2017
$69,578
10%
$780,300
3%
2016
$63,457
9%
$755,100
22%
2015
$58,086
23%
$617,400
3%
2014
$47,249
9%
$599,400
8%
2013
$43,232
—
$556,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 56-70 58th St
56-70 58th Street, Maspeth, NY 11378 (MLS# 965556) is a Industrial property. 56-70 58th Street is currently listed for $14,900,000 and was received on February 27, 2026. Want to learn more about 56-70 58th Street? Do you have questions about finding other Industrial real estate for sale in Maspeth? You can browse all Maspeth real estate or contact a Coldwell Banker agent to request more information.

