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Investment Highlights
- 60,622 SF multi-tenant office/flex building
- Annual rent escalations in place
- College Point, Queens location near Flushing and Whitestone
- Approx. 36 tenants with diversified income
- Value-add potential via vacancy lease-up and rent-to-market renewals
- Proximity to LaGuardia Airport and major highways
Executive Summary
129-09 26th Avenue is a four-story office and flex industrial building located in the College Point section of Queens. The property contains 60,622 square feet, consisting of 41,457 square feet of office space and 19,165 square feet of industrial/flex space.
The building is leased to 36 tenants, providing a diversified multi-tenant rent roll. Leases include annual rent escalations, and the composition of the rent roll presents a clear value-add opportunity through lease-up of existing vacancy and the renewal of leases at market-supported rents, supporting future income growth.
The property is located near Flushing, Whitestone, and LaGuardia Airport, with convenient access to major highways and public transportation. The surrounding area is characterized by established commercial and industrial uses, supporting long-term demand.
Property Facts
Amenities
- 24 Hour Access
- Property Manager on Site
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Craftwell USA is committed to bringing you technologically advanced products that enable you to express your creativity. Their products are developed by an innovative team with creativity going hand in hand with their designers and engineers. They listen to your comments and their products are a direct result of your feedback. They are a family of hobbyists that are passionate in what they do. They are made up of people from all walks of life. The synergy of engineers, artists and professional crafters make Craftwell a dynamic company focused on developing the products you want. That is the Craftwell difference.
DTS Fire Alarm has always designed first-class engineer-built systems. From the consultation to the job layout and plan preparation, all the way to the building and fire department plan approval.
ELITE Amenity Management isn’t just their name; it is in everything that they do. ELITE’s extensive expertise includes staffing, operations, and programming. They introduce cutting-edge innovation into luxury amenity management, event planning, aquatic facility management, and health & wellness.
Welcome to Entro Wholesale! Where your satisfaction is their highest priority! They offer a variety of premium quality accessories for mobile businesses. Their goal is to provide their customers with exclusive and competitive wholesale pricing on the best selling products. They look forward to doing business with you!
GTE's LCD screens are the highest quality LCD replacement screens you can find on the market right now and the prices are very competitive. Our LCDs go through a rigorous quality control process with testing conducted at key intervals within the production process.
Local HVAC company serving the community, headquartered in Queens New York, established in 2005.
Their Mission is to provide innovative design and service that meets their clients from the beginning to the end with full satisfaction. They successfully retain the cultivated skill to maintain the best quality and services at the utmost level. Nextcom is always dedicated in finding the best possible solution to every project, also providing their client with the finest value. Nextcom’s multi-disciplinary architectural tasks include: The assessment of enterprise value, strategic brand consulting and development, architectural shop drawing , site supervision, new construction, engineering, interior design, space planning, furniture/fixture design, and construction schedule.
Peter Plumbing is one of NY’s most prestigious and experienced licensed plumbing companies. They have successfully completed many projects ranging from new construction to retrofit and repairs. Having over a decade of experience, they understand what the needs of their clients are and provide the best service and skill to get the job done right.
Sen Mart International was founded since 2013, their mission has been to provide their clients with personalized service. Innovative operational techniques enabled them to enjoy almost immediate success and growth Sen Mart International cares about Corporate Social Responsibility. By delivering the highest level of professional service, reliability, and peace of mind to customers and carriers 24/7/365. Their goal has always been to understand your business, and to become a partner in your success.
USA Based Hair & Wigs Factory.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Manufacturing | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Services | - | - | - | - | |
|
Wholesaler | - | - | - | - | |
| Global Trade Electronic Inc | Wholesaler | - | - | - | - | |
| HD Hvac of Ny | Construction | - | $22.80 | Full Service | - | |
|
Construction | - | - | - | - | |
|
Construction | - | - | - | - | |
|
Transportation and Warehousing | - | - | - | - | |
|
Retailer | - | - | - | - |
Property Taxes
| Parcel Number | 04273-0090 | Improvements Assessment | $2,656,350 |
| Land Assessment | $1,395,000 | Total Assessment | $4,051,350 |
Property Taxes
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12909 26th Ave
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