$14,900,000

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. Please take note of the small highlighted area of the posted survey, denoting a 19 foot wide forthcoming lot subdivision.