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Investment Highlights
- Well-maintained office/industrial building in College Point
- Ground-floor warehouse with 20’ ceiling height and drive-in access
- Elevator-served layout, 800 amp, 3-phase electric; two gas meters for heat and hot water
- Well maintained elevator access to all four floors
- Finished upper-floor office space with outdoor areas
- Strong access to Flushing, LaGuardia Airport, Whitestone Expressway, and the Long Island Expressway
Executive Summary
We are pleased to present 14-07 113th Street in College Point, Queens, a well-maintained office/warehouse building offering rare owner-user functionality in a tight Queens industrial submarket.
The property is configured with approximately 14,000 SF of building area with an elevator to all four floors, including a 4,500 SF ground-floor warehouse with 20’ ceiling height, drive-in access, and a wide curb cut. The upper floors provide finished office space, outdoor deck/roof access, and a flexible layout suited to a headquarters, contractor, distributor, storage user, light manufacturer, or multi-tenant office/industrial strategy.
The asset is offered at $3,200,000, or approximately $229/SF. Seller financing is available to qualified buyers at 70% LTV, 7.5% interest, long-term.
The property is configured with approximately 14,000 SF of building area with an elevator to all four floors, including a 4,500 SF ground-floor warehouse with 20’ ceiling height, drive-in access, and a wide curb cut. The upper floors provide finished office space, outdoor deck/roof access, and a flexible layout suited to a headquarters, contractor, distributor, storage user, light manufacturer, or multi-tenant office/industrial strategy.
The asset is offered at $3,200,000, or approximately $229/SF. Seller financing is available to qualified buyers at 70% LTV, 7.5% interest, long-term.
Property Facts
| Price | $3,200,000 | Lot Size | 0.11 AC |
| Price Per SF | $228.57 | Rentable Building Area | 14,000 SF |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Flex | Year Built | 2002 |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | R4-1 | ||
| Price | $3,200,000 |
| Price Per SF | $228.57 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.11 AC |
| Rentable Building Area | 14,000 SF |
| No. Stories | 4 |
| Year Built | 2002 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | R4-1 |
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04048-0001 | Improvements Assessment | $766,520 |
| Land Assessment | $90,000 | Total Assessment | $856,520 |
Property Taxes
Parcel Number
04048-0001
Land Assessment
$90,000
Improvements Assessment
$766,520
Total Assessment
$856,520
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14-07 113th St
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