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58-03 Metropolitan Ave

Maspeth, Ridgewood, NY
Floors
3
Total Size
4,500 sqft
Lot Size
0 acres
Year Constructed
1915

About 58-03 Metropolitan Ave

Professionals looking to rent office space or a storefront in a great Ridgewood location should take a look at 58-03 Metropolitan Avenue in New York, a 3-story pre-war property with a total building size of 4,500 square feet.

This mixed-use building contains a total of 8 units, of which the upper floors are residential homes. Built in 1915, the property at 58-03 Metropolitan Avenue in New York carries colorful awning and enjoys excellent exposure in this busy location.

Close to all amenities and public transit at the nearby Metropolitan Avenue and Forest Avenue stop, the property at 58-03 Metropolitan Avenue in New York presents retailers and professionals hoping to rent office space that will attract walk-in clientele with a great location that will suit many types of businesses.

Currently this property's retail units are occupied by a pawn shop on one side and a nail salon on the other. Tenants have an excellent signage opportunity here.

Greeting passers-by with a brown brick facade that has been well maintained, 58-03 Metropolitan Avenue in New York boasts a lovely cornice with dentils at its roof-line. Both storefronts are all-glass and modern.

Internet Providers for 58-03 Metropolitan Ave

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Maspeth

The typical asking rate per listing is in the $20's per square foot per year. The Maspeth submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 45% decline in rent.

Compared to the rest of the New York City market, the Maspeth submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Maspeth $24
/sqft/yr
25,600
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,310
sqft

Median Rate over Time in Maspeth