Listing Provided By: Richard Matt Shane 516-783-5600 with All Island Estates Realty Corp
Calling All Investors, Developers & End-Users!!! 50,000 Sqft. Warehouse For Sale Asking Only $250 Per Sqft.!!! The Property Is Situated On A HUGE 25,650 Sqft. Lot!!! The Building Features Excellent Signage, Great Exposure, High 17' Ceilings, 8 Parking Spaces, Loading Dock, 3 AC Units, Strong R5 Industrial Zoning, 3 Phase Power, Freight Elevator, +++!!! Neighbors Include Costco, Walgreens, Rite Aid, McDonald's, NAPA Auto Parts, Wyndham Hotel, +++!!! Located In The Heart Of Astoria This Property Offers An Easy Commute To Manhattan. The Property Is Located Just A Few Blocks Away From The Queensboro Bridge. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site, And / Or Home For Your Business!!! The Property Can Be Delivered Vacant If Need Be. The Property Can Also Be Purchased With 34-40 11th Street Which Is A 25,658 Sqft. Warehouse Situated On A Large 12,912 Sqft Lot!!! The Properties Can Be Purchased Together For $17.5M (Only $231 Per Sqft.)!!! Both Properties Are Also For Lease With Sizes Ranging From 7,000 - 75,000 Sqft. With Rental Asking Prices Of $22-$25 / Sqft. NNN!!! Income: 50,000 Sqft.: $1,250,000 NNN (Available For Lease Expenses: Gas: $0 Electric: $0 Insurance: $8,653 Ann. Maintenance/ Repairs: $2,500 Ann. Taxes: $132,776 Ann. Water: $0 Total Expenses: $0 (In NNN Lease Scenario) NOI: $1,250,000 (Proforma 10.00 Cap!!!)
- Price:
- $12,500,000
- Acreage:
- 0.06
- Year Built:
- 1930
- Listing ID #:
- 3421414
- Street Address:
- 34-19 10th St
- City:
- Long Island City
- State:
- New York
- Postal Code:
- 11106
- County:
- Queens
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Number Of Units:
- 5
- Stories:
- 2
- Year Built:
- 1930
- Lot Square Footage:
- 2714.00
- Zoning Description:
- R5 Industr
- On Market Date:
- 2022-08-04
- Originating Mls:
- One Key Mls - Libor
- Previous Listing Price:
- 12972000.00
- Cross Street:
- 34th Avenue
- Township:
- Queens
- Property Taxes:
- $137,159
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Richard Matt Shane 516-783-5600 with All Island Estates Realty Corp
