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Industrial and Negotiable 8-07-8-09 38th Ave 6,250 SF Industrial Building Long Island City, NY 11101 $3,999,000 ($639.84/SF)

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Investment Highlights

Situated in the heart of Long Island City with excellent public transit access and strong connectivity to major New York roadways and distribution hub

Executive Summary

Warehouse - Industrial Space in Long Island City. Priced to Sell. Perfect Owner/Operator with potential Redevelopment. Cooler is FF&E.

Exe Summary 8-07 38th Ave LIC

Property Facts

Price	$3,999,000	No. Stories	2
Price Per SF	$639.84	Year Built	1941
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Clear Ceiling Height	16’
Property Subtype	Warehouse Flex Light Manufacturing Industrial Food Processing Industrial Refrigeration ColdStorage	No. Drive In / Grade-Level Doors	2
Building Class	B	Cross Streets	Vernon Ave
Lot Size	0.11 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	6,250 SF
Zoning	M1-3 - M-1-3 FAR: 5 25,025 sq. ft. buildable

Price	$3,999,000
Price Per SF	$639.84
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Food Processing Industrial Refrigeration ColdStorage
Building Class	B
Lot Size	0.11 AC
Rentable Building Area	6,250 SF
No. Stories	2
Year Built	1941
Tenancy	Single
Clear Ceiling Height	16’
No. Drive In / Grade-Level Doors	2
Cross Streets	Vernon Ave
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-3 - M-1-3 FAR: 5 25,025 sq. ft. buildable

Cooler

1 1

Exceptionally walkable

100/100

Moderately drivable

60/100

Exceptional public transit

100/100

Very bikeable

80/100

Source: Local Logic^®

Property Taxes

Parcel Number	00358-0040	Improvements Assessment	$240,930
Land Assessment	$101,250	Total Assessment	$342,180

Property Taxes

Parcel Number

00358-0040

Land Assessment

$101,250

Improvements Assessment

$240,930

Total Assessment

$342,180

(516) 639-0021

Contacts

Richard Diller
Brian Donegan
Charles Rutenberg Realty, Inc.

Listing ID: 39921947
Date on Market: 3/26/2026
Last Updated:
Address: 8-07-8-09 38th Ave, Long Island City, NY 11101

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