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    12-18 38Th Ave Long Island City, NY 11101

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    For Lease
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    391,500 sqft distribution facility in Long Island City, NY.

    Property size:
    391,500 SF
    Lot size:
    391,500 SF

    Property Features for 12-18 38Th Ave

    General Information

    Size
    391,500 SF

    Building Details

    Year built
    2028

    Source: Rico Murtha Agent Rico Murtha

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Distribution Facility

    Queensboro Crossing is a 391,500 square foot distribution facility located in Long Island City. It offers access to Manhattan, Brooklyn, Queens, the Bronx, and major highways I-278 and I-495. The facility is less than a mile from the Queensboro Bridge and under two miles from the RFK Bridge and Queens Midtown Tunnel.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.943028
    Latitude
    40.758597

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    FAQs

    What type of property is this?
    Distribution property - 391,500 sqft distribution facility in Long Island City, NY.
    Where is this distribution property located?
    The property is located at 12-18 38Th Ave Long Island City, NY.
    What are key features of this property?
    This property features: - Immediate access to Manhattan, Brooklyn, Queens, and the Bronx.; - Centrally located in Long Island City.; - Easy access to major highways I-278 and I-495.
    (212) 390-1368
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    12-18 38Th Ave Long Island City, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12-18 38Th Ave Long Island City, NY 11101
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