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Executive Summary
Houlihan Lawrence Commercial is proud to represent this one-of-a-kind industrial terminal located in the heart of Maspeth at 1 Railroad Place. This premier facility features a 16,000-square-foot cross-dock building situated on a sprawling 101,237-square-foot lot, offering 36 exterior loading positions equipped with new overhead doors and upgraded dock levelers. The property provides 84,237 square feet of dedicated land for off-street loading, outdoor storage, and parking, along with a separate 1,560-square-foot high-ceiling shop building currently utilized for truck repair. Zoned M3-1 for heavy industrial use, this site offers a rare opportunity for high-capacity logistics and distribution in a prime Queens location.
Property Facts
| Price | $15,000,000 | Rentable Building Area | 36,050 SF |
| Price Per SF | $416.09 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1955 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.83 AC | ||
| Zoning | M1-1 | ||
| Price | $15,000,000 |
| Price Per SF | $416.09 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.83 AC |
| Rentable Building Area | 36,050 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 |
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 03689-0001 | Improvements Assessment | $719,550 |
| Land Assessment | $306,900 | Total Assessment | $1,026,450 |
Property Taxes
Parcel Number
03689-0001
Land Assessment
$306,900
Improvements Assessment
$719,550
Total Assessment
$1,026,450
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