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Office/Warehouse LIC-Astoria 36-40 37th St 30,000 SF 100% Leased Flex Building Long Island City, NY 11101 For Sale
Investment Highlights
- Pristine 3-Story Building
- 1 Elevator
- Fully Sprinklered
- Ground Floor Drive-In Access
- Fireproof Construction
- Gas Heat
Executive Summary
Fully Leased-Multi Tenanted Opportunity
Sale Flyer
Property Facts
| Sale Type | Investment or Owner User | Year Built/Renovated | 1931/2006 |
| Property Type | Flex | Parking Ratio | 4/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.23 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 30,000 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 3 | Opportunity Zone |
Yes
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| Zoning | M1-1 - Light industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.23 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2006 |
| Parking Ratio | 4/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 - Light industrial |
Amenities
- Bus Line
- Metro/Subway
- Security System
- Storage Space
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Transportation and Warehousing
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- -
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Jan 0000
Quality Transportation strives to be the standard of excellence in the courier and delivery services industry by providing the highest level of customer support, the latest in communications and information management technology and the peace of mind which comes from conducting business with a financially sound, well-managed enterprise.
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- Retailer
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$9.99
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Lorem Ipsum
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Jan 0000
Shop from an extensive collection of New York City-regulated, compliant, and durable signs designed for inspection success. These signs are crafted from high-quality materials such as styrene, aluminum, and coroplast, ensuring longevity and resilience against the elements. With over two decades of expertise in the sign industry, the company is committed to supporting the success of your project. Their custom signs are ideal for site safety managers, construction superintendents, and project and property managers seeking project approval or TCO. Let them assist in creating the perfect signs tailored to your project's needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Transportation and Warehousing | - | - | - | Jan 0000 | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
About Northwest Queens
This area of Queens is 15 minutes from both midtown Manhattan and LaGuardia Airport, and has undergone a huge transformation in recent years and is unrecognizable from the neighborhood it was 15 years ago. This puts pressure on less central warehouse properties, as the land they sit on is potentially more valuable for residential development. Supply has started to decline as less efficient properties are converted, and more sales near the waterfront are going to redevelopment projects.
However, industrial facilities are highly sought after in the area for last-mile delivery, which has grown substantially in recent years as e-commerce has taken an increasing share of retail sales. Well-located properties with easy access to Manhattan via proximity to Interstate 495, the Midtown Tunnel, and the Queensboro Bridge have benefited from this trend.
Investors have shown substantial interest in this part of Queens in recent years, and prices have risen to all time highs.
Demographics
Regional Accessibility
Property Taxes
| Parcel Number | 00636-0043 | Improvements Assessment | $1,517,670 |
| Land Assessment | $180,000 | Total Assessment | $1,697,670 |
Property Taxes
Sale Advisors
Sale Advisors
Brendan Burke, Associate Broker
Brendan was born and raised in Rockville Centre, Long Island and recently moved back with his wife and newborn son.
With over a decade of experience Brendan has learned the importance of expert market knowledge, customer service, hard work, and dedication in building long term relationships. In doing so, Brendan successfully completed more than 500 transactions totaling approx. $800,000,000 in aggregate value.
Paul Bralower, Associate Broker
With over a decade of experience, Paul has closed more than 300 sale and lease transactions with an aggregate value of over half a billion dollars. Dedication to customer service, superior market knowledge and placing an emphasis on developing long term relationships, has positioned Paul as one of the industry leading brokers in the outer boroughs. Paul has the local market knowledge and experience to service the most challenging New York City requirements or assignments.
Paul is a graduate of Marist College where he studied finance and marketing and holds a Bachelors Degree in business administration.
George Margaronis, Partner
Decio Baio, Partner
James Ege, Salesperson
Contacts
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Brendan Burke -
Paul Bralower -
George Margaronis -
Decio Baio -
James Ege -
Pinnacle Realty of New York LLC
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Office/Warehouse LIC-Astoria | 36-40 37th St
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