34-19 10th Street Long Island City, NY 11106
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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!!!)
2 months ago | Listing updated with changes from the MLS | |
4 months ago | Price changed to $12,500,000 | |
5 months ago | Price changed to $12,972,000 | |
7 months ago | Price changed to $13,800,000 | |
8 months ago | Listing first seen online |
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided is deemed reliable but is not guaranteed accurate by the MLS. Source: OneKey MLS
Last Updated: 2023-03-26 11:15 AM EDT
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