4601 28th Ave 4,500 SF 100% Leased Industrial Building Astoria, NY 11103 $3,500,000 ($777.78/SF)

Rare Corner Warehouse & Development Opportunity at 46-01 28th Avenue, a rare opportunity to acquire a vacant, clear-span warehouse situated on a prominent 4,500 square foot corner lot in the heart of Astoria. The property consists of a 4,500 square foot light manufacturing building with two street frontages, a curb cut, interior loading access, 14'4" ceiling heights, 400-amp electrical service, gas service, and an existing office component with HVAC.
Delivered vacant, the property is ideally suited for owner-users seeking warehouse, contractor, storage, distribution, showroom, auto garage, or light manufacturing space.In addition to its functionality as an industrial asset, the property offers compelling residential redevelopment potential. Located within an R5 zoning district, the site benefits from a maximum FAR modification of 1.65, allowing for approximately 7,425 buildable square feet and the potential for up to seven residential units, subject to independent verification and approvals. Zoning study is available.
Strategically positioned near LaGuardia Airport and providing immediate access to the Grand Central Parkway, BQE, Long Island Expressway, Midtown Tunnel, Queensboro Bridge, and multiple subway lines, 46-01 28th Avenue offers exceptional connectivity to Manhattan, Brooklyn, the Bronx, Long Island, and New Jersey. Whether pursued as an owner-user acquisition, investment property, or future redevelopment opportunity, 46-01 28th Avenue represents a unique chance to acquire a highly functional industrial asset in one of Queens' most established and supply-constrained neighborhoods.
Highlights:
4,500 SF warehouse building on corner lot
Clear-span warehouse layout
14'4" ceiling heights
One bay door with curb cut and interior loading access
400 AMP electrical service
Gas service and gas heat
Office space with HVAC
Two street frontages (50' x 90') R5 zoning
Up to 7,425 buildable SF & Potential for up to 7 residential units
*Convenient access to major highways, airports, and public transportation
*All development potential is subject to purchaser's independent due diligence and verification.