Map
Listed price in listed location currency (USD).
$18,800,000

000

MLS® 1044470

Overview

Key Facts

Type Industrial
Levels Commercial Sale
Size 27405 sqft
Garage No
Maintenance Fees 
Taxes $150,734
Days Active 4
Approx. Age 
Avg. Price Per Sqft $686
MLS® Number 1044470

Property Address: 23-01 Borden Ave, Long Island City, NY, 11101

Average square foot calculated using Size range provided by listing agent.

Description

Rare Long Island City industrial investment opportunity at 23-01 Borden Ave. This approximately 31, 500 SF lot features a 27, 405 SF warehouse/industrial building with approximately 175' x 180' lot dimensions. Zoned M3-2, the property is currently occupied by multiple tenants and offers existing rental income. Excellent location with convenient access to major transportation routes and Long Island City’s established commercial and industrial infrastructure. Ideal for investors seeking a well-located industrial/warehouse asset with long-term investment potential. Asking $18, 800, 000. Current cap rate approximately 3.27%. All uses and measurements are subject to verification and applicable zoning regulations
MLS® Number1044470
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CNone

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties