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1102 37th Ave 15,000 SF Vacant Industrial Building Long Island City, NY 11101 $5,000,000 ($333.33/SF) 11% Cap Rate

Warehouses New York Long Island City 1102 37th Ave, Long Island City, NY 11101

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INVESTMENT HIGHLIGHTS

  • 15,000 SQ. FT. 2-STORY BUILDING
  • DIRECT ACCESS TO MANHATTAN VIA QUEENSBORO BRIDGE!
  • 7,500 SQ. FT. GROUND FLOOR WAREHOUSE

EXECUTIVE SUMMARY

• 15,000 SQ. FT. 2-STORY BUILDING
• 7,500 SQ. FT. GROUND FLOOR WAREHOUSE
• 18 FT. CEILINGS
• 2 LARGE DRIVE-IN DOORS AND 1 INTERIOR LOADING
DOCK WITH ACCESS FROM A WIDE STREET
• 7,500 SQ. FT. 2ND FLOOR FLEX SPACE
• WIDE OPEN SPACE
• 12 FT. CEILINGS
• ELEVATOR SHAFT IN PLACE
• COMMERCIAL FAR = 5, 37,500 BSF

PROPERTY FACTS

Price $5,000,000 Rentable Building Area 15,000 SF
Price Per SF $333.33 No. Stories 2
Sale Type Investment or Owner User Year Built 1986
Cap Rate 11% Parking Ratio 0.2/1,000 SF
Property Type Industrial Clear Ceiling Height 18’
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
 No. Dock-High Doors/Loading 1
Building Class C No. Drive In / Grade-Level Doors 2
Lot Size 0.17 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning M1-3,Queens,(E3) - Queens,(E3)
Price $5,000,000
Price Per SF $333.33
Sale Type Investment or Owner User
Cap Rate 11%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class C
Lot Size 0.17 AC
Rentable Building Area 15,000 SF
No. Stories 2
Year Built 1986
Parking Ratio 0.2/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning M1-3,Queens,(E3) - Queens,(E3)

AMENITIES

  • Front Loading
  • Mezzanine

UTILITIES

  • Heating

LINKS

1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00361-0018 Improvements Assessment $281,340
Land Assessment $270,000 Total Assessment $551,340

PROPERTY TAXES

Parcel Number
00361-0018
Land Assessment
$270,000
Improvements Assessment
$281,340
Total Assessment
$551,340
(718) 786-5050

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 32337987

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 1102 37th Ave, Long Island City, NY 11101

More public record information on 1102 37th Ave, Long Island City, NY 11101

The Ravenswood Industrial Property at 1102 37th Ave, Long Island City, NY 11101 is currently available. Contact Greiner-Maltz Company of New York, Inc. for more information.

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1102 37th Ave
(718) 786-5050 x

1102 37th Ave

Kostas Alafoyiannis
(718) 786-5050

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