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Investment Highlights

  • 350 sqft of finished office space, including two bathrooms and split-unit heating and air conditioning
  • Drive-In door with curb cut
  • Two large skylights, great natural light
  • Column-free warehouse
  • Close proximity to the Brooklyn-Queens Expressway (BQE/I-278)

Executive Summary

Owner-User Opportunity - 2,500 SF Astoria Warehouse For Sale
Ideal for an owner-user, contractor, distributor, showroom/warehouse operator, production company, or other business seeking a conveniently located industrial property with excellent accessibility and practical features.
The property features approximately 350 sqft of finished office space, including two bathrooms and split-unit heating and air conditioning, providing a comfortable administrative area separated from the main warehouse operation.
The warehouse area offers a completely column-free layout, maximizing usable floor area and allowing for flexible storage, equipment, inventory, production, or workspace configurations. A drive-in garage door provides convenient loading and unloading directly into the building, while two large skylights bring abundant natural light into the warehouse. Additional features include two gas-fired heating units and a slop sink, making the facility exceptionally well suited for a variety of industrial and commercial applications.
Strategic Astoria Location
The property benefits from its location in Astoria’s established industrial/commercial corridor, offering an attractive combination of accessibility, neighborhood amenities, and proximity to Manhattan, Brooklyn, and the broader Queens market.
One of the property’s greatest advantages is its proximity to the Brooklyn-Queens Expressway (BQE/I-278). The BQE is a critical regional transportation artery connecting Queens, Brooklyn, Manhattan and other major New York City roadways.

Drive-In Access | Column-Free Warehouse | Excellent Highway Connectivity

Taxes & Operating Expenses (Actual - 2026)

Annual Annual Per SF
Taxes $17,500 $7.00
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes
Annual $17,500
Annual Per SF $7.00
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $17,500
Annual Per SF $7.00

Property Facts

Price $1,800,000
Price Per SF $720
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 0.06 AC
Rentable Building Area 2,500 SF
No. Stories 1
Year Built 1954
Tenancy Single
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Zoning M1-1

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer - City
  • Heating - Gas
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
00746-0012
Land Assessment
$42,750
Improvements Assessment
$128,160
Total Assessment
$170,910
Annual Taxes
$17,500 ($7.00/SF)
Tax Year
2026
  • Listing ID: 42117590

  • Date on Market: 9/10/2026

  • Last Updated:

  • Address: 23-89 48th St, Astoria, NY 11103

Contact the Sale Advisor

23-89 48th St

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