Executive Snow Control pays $3.9M for industrial in Maspeth

Executive Snow Control through the entity Woodside Place Properties LLC paid $3.9 million to Jeffrey Liss through the entity Domax Realty Associates, LLC for the industrial building (F1) at 51-55 59th Place in Maspeth, Queens. The expected use is owner-occupied.
The deal closed on January 23, 2026 and was recorded on February 3, 2026. The property has 8,920 square feet of built space and 5,040 square feet of additional air rights for a total buildable of 14,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $431 and the price per buildable square foot is $275 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on October 10, 2006, for $2.1 million. The signatory for Jeffrey Liss was Jeffrey Liss. The signatory for Executive Snow Control was Frank S. Schembre. The contract date was October 14, 2025. Executive Snow Control has a location at 59-15 55th Drive, slightly less than a mile directly south of this just-acquired property.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Executive Snow Control had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Jeffrey Liss had not purchased any other properties and had not sold any properties over the same time period. The 8,920-square-foot property generated revenue of $256,181 or $29 per square foot, according to the most recent income and expense figures.

The property

The industrial building in Maspeth has 8,920 square feet of built space and 5,040 square feet of additional air rights for a total buildable of 14,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 140 feet and is 100 feet deep with a total lot size of 14,000 square feet. The zoning is M1-1 which allows for up to 1 times floor area ratio (FAR) for manufacturing The city-designated market value for the property in 2022 is $1.2 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In Maspeth, The majority, or 73 percent of the 22.3 million square feet of commercial built space are industrial buildings, with specialty buildings next occupying 8 percent of the space. In sales, Maspeth has near average sales volume among other neighborhoods with $304.9 million in sales volume in the last two years and is the 6th highest in Queens. For development, Maspeth has had very little major development activity relative to other neighborhoods.It had 254,878 square feet of commercial and multi-family construction under development in the last two years, which represents 1 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of one of the nine commercial properties representing 75,400 square feet of the 911,714 square feet. The identified owner is New York Police Department.
There are no active new building construction projects on this tax block.

The majority, or 96 percent of the 911,714 square feet of built space are industrial buildings, with specialty buildings next occupying 4 percent of the space.

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