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Investment Highlights
- 7,250-square-foot building with a mix of warehouse and finished office space.
- Located three blocks from Long Island Expressway and Brooklyn-Queens Expressway.
- Zoned M1-3, allowing for diverse industrial and commercial uses.
Executive Summary
This industrial property in Long Island City offers a versatile 7,250-square-foot building featuring 5,000 square feet of warehouse space and 2,250 square feet of finished office space, complete with a rooftop deck. Constructed with durable brick mill design, the building provides a 13-foot ceiling height, gas heat, and two drive-in doors for efficient loading and operations. Zoned M1-3, the property accommodates a wide range of industrial and commercial uses, including auto repair, in an unrestricted district.
Located just three blocks from the Long Island Expressway and Brooklyn-Queens Expressway, the site ensures excellent connectivity to major transportation routes, making it highly accessible for distribution, logistics, or creative production. Immediate possession is available, offering buyers a quick transition to occupancy. This property is well-suited for contractors, artists, or businesses seeking a functional and adaptable space in a thriving urban industrial hub.
Located just three blocks from the Long Island Expressway and Brooklyn-Queens Expressway, the site ensures excellent connectivity to major transportation routes, making it highly accessible for distribution, logistics, or creative production. Immediate possession is available, offering buyers a quick transition to occupancy. This property is well-suited for contractors, artists, or businesses seeking a functional and adaptable space in a thriving urban industrial hub.
Property Facts
| Price | $3,400,000 | Rentable Building Area | 7,250 SF |
| Price Per SF | $468.97 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1931 |
| Property Type | Industrial | Clear Ceiling Height | 13’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.17 AC | ||
| Zoning | M1-3 - Manufacturing zone | ||
| Price | $3,400,000 |
| Price Per SF | $468.97 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.17 AC |
| Rentable Building Area | 7,250 SF |
| No. Stories | 1 |
| Year Built | 1931 |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | M1-3 - Manufacturing zone |
Amenities
- Roof Terrace
1 1
Transit Score®
Excellent Transit (78)
Property Taxes
| Parcel Number | 00297-0033 | Improvements Assessment | $216,450 |
| Land Assessment | $135,000 | Total Assessment | $351,450 |
Property Taxes
Parcel Number
00297-0033
Land Assessment
$135,000
Improvements Assessment
$216,450
Total Assessment
$351,450
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