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8950 127th St 26,000 SF Industrial Building Richmond Hill, NY 11418 $11,000,000 ($423.08/SF)
EXECUTIVE SUMMARY
Modern Spaces Commercial + Investment Division has been exclusively retained to handle the disposition of 89-50 127th Street, Richmond Hill. This prime commercial property consists of 26,000 square feet of commercial space in this distribution warehouse. Two loading bays provide vehicle access to a 20,000 square foot warehouse space that benefits from an additional approximate 6,000 square feet of finished office space. The office space offers an open atrium with enclosed offices accessed by a mezzanine balcony.
Well situated amongst multiple transit options, 89-50 127th Street offers easy and convienient access to multiple highways such as the Van Wyck (I-678), The Belt Parkway and The Grand Central Parkway. Mass transit access is provided by multiple nearby MTA stations, including the hub at Sutphin Blvd, giving access to multiple subway lines, the LIRR and the JFK AirTrain. Additionally, John F. Kennedy International Airport (JFK) and Laguardia Airport (LGA) provide accessible air travel options.
Well situated amongst multiple transit options, 89-50 127th Street offers easy and convienient access to multiple highways such as the Van Wyck (I-678), The Belt Parkway and The Grand Central Parkway. Mass transit access is provided by multiple nearby MTA stations, including the hub at Sutphin Blvd, giving access to multiple subway lines, the LIRR and the JFK AirTrain. Additionally, John F. Kennedy International Airport (JFK) and Laguardia Airport (LGA) provide accessible air travel options.
PROPERTY FACTS
| Price | $11,000,000 | No. Stories | 2 |
| Price Per SF | $423.08 | Year Built/Renovated | 1950/2003 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.85/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.60 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 26,000 SF | ||
| Zoning | R5/M1-1 | ||
| Price | $11,000,000 |
| Price Per SF | $423.08 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.60 AC |
| Rentable Building Area | 26,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2003 |
| Tenancy | Single |
| Parking Ratio | 0.85/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | R5/M1-1 |
AMENITIES
- 24 Hour Access
UTILITIES
- Gas
- Water
- Sewer
- Heating
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 09353-0019 | Improvements Assessment | $865,080 |
| Land Assessment | $287,100 | Total Assessment | $1,152,180 |
PROPERTY TAXES
Parcel Number
09353-0019
Land Assessment
$287,100
Improvements Assessment
$865,080
Total Assessment
$1,152,180
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8950 127th St
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