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Investment Highlights
- Prime Long Island City location with quick Manhattan access
- Zoned M1-2 for flexible industrial and commercial uses
- 2nd floor office/commercial space: 2,700 SF open floor plan and a spacious 650+ SF outdoor terrace with unobstructed Manhattan views
- Award-winning, built-to-last 1990 building with marble and granite finishes throughout
- 1st floor warehouse industrial space: 3,450 SF with 20-foot ceiling height and a 14’ x 14’ drive-in door
- Oversize passenger elevator
Executive Summary
Positioned in the heart of Long Island City, 39-20 24th Street offers a rare opportunity to acquire a versatile 6,150 SF flex property in one of New York City’s most dynamic commercial hubs. This two-story asset combines a high-clearance warehouse with a modern office component, creating an ideal environment for businesses seeking functionality and prestige.
The ground floor offers 3,450 SF of warehouse space with a 20-foot clear ceiling height and a 14’ x 14’ drive-in door, providing efficient loading and flexible storage capabilities.
The property also features a street-level granite and glass lobby serving both the first and second floors, along with ADA-compliant granite and marble restroom, delivering a polished and accessible entry experience for businesses.
Upstairs, the 2,700 SF office space boasts granite and marble lobby, two offices, and an open floor plan providing maximum flexibility for executive offices or creative workspaces. Additional highlights include an expansive 650+ SF outdoor terrace with sweeping views of the Manhattan skyline, granite and marble bathrooms, and an oversizepassenger elevator suitable for commercial or industrial use.
Strategically located just 3.5 blocks from the 59th Street Bridge and a short walk to Queens Plaza, the property offers seamless connectivity to Manhattan and major thoroughfares. Long Island City’s vibrant growth, proximity to Midtown, and strong transportation infrastructure make this an exceptional investment for owner-users or developers looking to capitalize on the area’s continued expansion.
The ground floor offers 3,450 SF of warehouse space with a 20-foot clear ceiling height and a 14’ x 14’ drive-in door, providing efficient loading and flexible storage capabilities.
The property also features a street-level granite and glass lobby serving both the first and second floors, along with ADA-compliant granite and marble restroom, delivering a polished and accessible entry experience for businesses.
Upstairs, the 2,700 SF office space boasts granite and marble lobby, two offices, and an open floor plan providing maximum flexibility for executive offices or creative workspaces. Additional highlights include an expansive 650+ SF outdoor terrace with sweeping views of the Manhattan skyline, granite and marble bathrooms, and an oversizepassenger elevator suitable for commercial or industrial use.
Strategically located just 3.5 blocks from the 59th Street Bridge and a short walk to Queens Plaza, the property offers seamless connectivity to Manhattan and major thoroughfares. Long Island City’s vibrant growth, proximity to Midtown, and strong transportation infrastructure make this an exceptional investment for owner-users or developers looking to capitalize on the area’s continued expansion.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.08 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 6,150 SF | ||
| Zoning | M1-2 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.08 AC |
| Rentable Building Area | 6,150 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-2 - Light industrial with offices, hotels, and most retail uses permitted |
Amenities
- 24 Hour Access
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
Property Taxes
| Parcel Number | 00394-0035 | Improvements Assessment | $406,530 |
| Land Assessment | $93,150 | Total Assessment | $499,680 |
Property Taxes
Parcel Number
00394-0035
Land Assessment
$93,150
Improvements Assessment
$406,530
Total Assessment
$499,680
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39-20 24th St
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