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56-70 58th StreetQueens, NY 11378

For Sale

$14,988,888

Smart Buyer Rebate $187,361

This large brick corner Commercial property is currently used as a party and entertainment venue, offering a total building size of approx. 25,626 square feet and a lot area of 16,000 square feet. It features 9,735 square feet on both the lower and first floors, along with an additional 6,150 square feet on the mezzanine level. Extra lower-level space is also available, providing potential for additional income. The majority of the first floor boasts 30-foot ceilings, and the building is equipped with a new roof, concrete floors, and upgraded plumbing and electrical systems. Located in an area with heavy vehicular traffic, the property enjoys high visibility and accessibility. Off street parking for approx. 8-10 cars. Also includes drive in and loading dock access. SEE SET UP FOR DETAILS





Listed by Joseph V Crifasi

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License #31CR0899852

·

Crifasi Realty Associates Inc

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(718) 821-5999

Last updated August 27, 2025

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Source: REBNY #RLS20005437

Listing Facts

  • TypeSingle-family
  • NeighborhoodLinden Hill
  • Bathrooms3
  • Days on Prevu195

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/02/2025
Price Decreased
$14,988,888
04/25/2025
Price Decreased
$16,500,000
02/26/2025
Listed by Crifasi Realty Associates Inc
$19,888,888

Estimated Closing Costs

Total
$794,916
Attorney Fees
$4,000
NYC Mansion Tax
$487,138
Title Insurance
$67,450
Bank Attorney
$1,500
Mortgage Recording Tax
$230,828
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $14,988,888 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 56-70 58th Street

Association

Amenities

  • Pets Allowed: Building No, No

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Number Of Units Total: 1
  • Property Condition: Excellent
  • Stories Total: 3
  • Year Built: 1900

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Area: 16,000
  • Lot Size Dimensions: 219,192
  • Lot Size Units: SquareFeet

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Rooms Total: 3

Other

Location

  • City Region: Queens
  • Subdivision Name: Maspeth
  • Tax Block: 00000
  • Tax Lot: 0000

Parking

Parking

  • Parking Features: Outside

Utilities

Equipment

  • Has Heating: Yes

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.